JAPANESE E-VEHICLE BATTERY COMPANY TO BUILD KENTUCKY PLANT
Techlife News|April 16, 2022
A Japanese electric vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion investment that reinforces the state’s leadership in battery production, Gov. Andy Beshear said this week.
JAPANESE E-VEHICLE BATTERY COMPANY TO BUILD KENTUCKY PLANT

The Envision AESC plant at Bowling Green in south-central Kentucky will produce battery cells and modules to power the next generation of electric vehicles, the Democratic governor said.

The gigafactory’s products will be made for multiple auto manufacturers globally.

The announcement represents Kentucky’s second-largest economic development investment, the governor said, following an even larger battery production plant announcement last year.

“With today’s announcement, we solidify that the commonwealth of Kentucky is the undisputed electric battery production capital of the United States of America,” Beshear said as he gathered with other state leaders to celebrate the new project.

The Envision AESC announcement comes months after Bowling Green was among several Kentucky cities hard hit by tornadoes last December. Parts of Bowling Green were devastated by the storm.

Envision AESC Group CEO Shoichi Matsumoto said the Kentucky investment is part of the company’s next phase of battery strategy to power electric vehicles in the U.S.

This story is from the April 16, 2022 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the April 16, 2022 edition of Techlife News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM TECHLIFE NEWSView All
7 CHINA BANS EXPORTS TO US OF GALLIUM, GERMANIUM, ANTIMONY IN RESPONSE TO CHIP SANCTIONS
Techlife News

7 CHINA BANS EXPORTS TO US OF GALLIUM, GERMANIUM, ANTIMONY IN RESPONSE TO CHIP SANCTIONS

China announced this week it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.

time-read
3 mins  |
Techlife News #684
FINANCIAL AND COMMUNITY HURDLES SLOW GEOTHERMAL ENERGY DEVELOPMENT IN SOUTHEAST ASIA
Techlife News

FINANCIAL AND COMMUNITY HURDLES SLOW GEOTHERMAL ENERGY DEVELOPMENT IN SOUTHEAST ASIA

Providing round-the-clock energy, using minimal space and considered a clean source of power-geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high, and governments are seeking to transition away from highly polluting fossil fuels.

time-read
3 mins  |
Techlife News #684
CANADIAN NEWS PUBLISHERS SUE OPENAI OVER ALLEGED COPYRIGHT INFRINGEMENT
Techlife News

CANADIAN NEWS PUBLISHERS SUE OPENAI OVER ALLEGED COPYRIGHT INFRINGEMENT

A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system.

time-read
1 min  |
Techlife News #684
AUSTRALIA IS BANNING SOCIAL MEDIA FOR PEOPLE UNDER 16. COULD THIS WORK ELSEWHERE - OR EVEN THERE?
Techlife News

AUSTRALIA IS BANNING SOCIAL MEDIA FOR PEOPLE UNDER 16. COULD THIS WORK ELSEWHERE - OR EVEN THERE?

It is an ambitious social experiment of our moment in history — one that experts say could accomplish something that parents, schools and other governments have attempted with varying degrees of success: keeping kids off social media until they turn 16.

time-read
5 mins  |
Techlife News #684
BANK OF AMERICA SIGNS AGAIN WITH FIFA FOR US-HOSTED CLUB WORLD CUP THAT STILL HAS NO TV DEALS
Techlife News

BANK OF AMERICA SIGNS AGAIN WITH FIFA FOR US-HOSTED CLUB WORLD CUP THAT STILL HAS NO TV DEALS

World Cup sponsor Bank of America teamed with FIFA for a second time, signing for the Club World Cup that still has no broadcast deals just over six months before games start.

time-read
2 mins  |
Techlife News #684
AT&T SEES EARNINGS GROWTH OVER NEXT 3 YEARS; EYES MORE THAN $40B IN ANTICIPATED SHAREHOLDER RETURNS
Techlife News

AT&T SEES EARNINGS GROWTH OVER NEXT 3 YEARS; EYES MORE THAN $40B IN ANTICIPATED SHAREHOLDER RETURNS

AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services.

time-read
1 min  |
Techlife News #684
IN A WORLD OF GREAT NEED THERE ARE MORE WAYS TO DONATE MONEY THAN EVER.HOW SHOULD YOU GIVE?
Techlife News

IN A WORLD OF GREAT NEED THERE ARE MORE WAYS TO DONATE MONEY THAN EVER.HOW SHOULD YOU GIVE?

Millions displaced by global conflicts. Communities reeling from unseasonably strong natural disasters. Lives upended due to healthcare inequalities.

time-read
5 mins  |
Techlife News #684
US EXPANDS LIST OF CHINESE TECHNOLOGY COMPANIES UNDER EXPORT CONTROLS
Techlife News

US EXPANDS LIST OF CHINESE TECHNOLOGY COMPANIES UNDER EXPORT CONTROLS

The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software.

time-read
2 mins  |
Techlife News #684
INTEL CEO GELSINGER RETIRES; ZINSNER AND JOHNSTON HOLTHAUS NAMED INTERIM CO-CEOS
Techlife News

INTEL CEO GELSINGER RETIRES; ZINSNER AND JOHNSTON HOLTHAUS NAMED INTERIM CO-CEOS

Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement.

time-read
2 mins  |
Techlife News #684
LANDLORDS ARE USING AI TO RAISE RENTS.AND CALIFORNIA CITIES ARE LEADING THE PUSHBACK
Techlife News

LANDLORDS ARE USING AI TO RAISE RENTS.AND CALIFORNIA CITIES ARE LEADING THE PUSHBACK

If you've hunted for apartments recently and felt like all the rents were equally high, you're not crazy: Many landlords now use a single company's software - which uses an algorithm based on proprietary lease information ― to help set rent prices.

time-read
7 mins  |
Techlife News #684