Electric Vehicles

COLUMBIA, S.C. – AESC, a world-leading battery technology company, today announced the expansion of its lithium-ion electric vehicle battery manufacturing operations in Florence County. The company’s $1.5 billion investment will create 1,080 new jobs.

In fulfilling its vision of embracing the future to ensure South Carolina’s sustainable advantage, the South Carolina Department of Commerce (S.C. Commerce) today unveiled its new agency brand and tagline, “Launch to Legacy,” to support industry recruitment and retention.

COLUMBIA, S.C. – e-VAC Magnetics (e-VAC), a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, today announced it is establishing U.S. operations in South Carolina, building its first facility in Sumter County. The project is expected to bring more than half a billion-dollar investment and create 300 new jobs for Sumter County.

AESC, a world-leading electric vehicle battery technology company, today announced the expansion of its state-of-the-art battery cell facility in Florence County. The $810 million investment will create 450 new jobs. Expected to be complete by 2026, this new commitment follows AESC’s initial announcement in December 2022 of $810 million and 1,170 jobs, resulting in a total investment of $1.62 billion and 1,620 new jobs.

BorgWarner Inc. (BorgWarner), a global leader in mobility solutions, today announced plans to expand its facility in Oconee County. The company’s $42.7 million investment will create 122 new jobs.

Headquartered in Auburn Hills, Michigan, BorgWarner is one of the largest automotive suppliers in the world, with 52,000 employees at 92 locations in 24 countries. For more than 130 years, BorgWarner has been a transformative global product leader, bringing successful mobility innovation to market. 

Albemarle Corporation (Albemarle), a global leader in transforming essential resources such as lithium and bromine into critical ingredients for mobility, energy, connectivity and health, today announced plans to establish South Carolina operations in Chester County. The company will invest at least $1.3 billion and create more than 300 new jobs to construct a new “Mega-Flex” lithium hydroxide processing facility.

Cirba Solutions, a comprehensive battery management and materials company, today announced plans to build its newest state-of-the-art, flagship operations in Richland County. This integrated lithium-ion battery materials campus will be an initial investment of over $300 million and will create more than 300 new jobs.

Scout Motors Inc. (“Scout”) is establishing its first manufacturing plant in Blythewood, which is near Columbia, South Carolina. At the Richland County site, the company will build all-electric, next-generation trucks and rugged SUVs harkening back to the iconic Scout vehicles produced from 1960 to 1980. The company’s $2 billion investment has the potential to create 4,000 or more permanent jobs. At full capacity, more than 200,000 Scout vehicles may be produced annually at the facility.

Governor Henry McMaster today announced the launch of scpowersev.com, a virtual hub highlighting South Carolina’s growing electric vehicle (EV) industry and the state’s capacity for further industry expansion.

Bosch, a leading global supplier of technology and services, today announced plans to expand operations in Anderson County. The company’s $200 million investment will create 350 new jobs.

Bosch’s operations are divided into four business sectors: mobility solutions, industrial technology, consumer goods and energy, and building technology. As a leading Internet of Things (IoT) provider, Bosch offers innovative solutions for smart homes, Industry 4.0 and connected mobility.