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Jackson County, GA: SK Innovation Commits To Battery Manufacturing Plant In Georgia

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12 14Posted December 14, 2018

Korean battery company SK Innovation has announced it will build a factory to produce lithium-ion battery cells for electric cars in Jackson county, Georgia, northeast of Atlanta. The projected cost of the factory is $1.67 billion. The company says the factory will create more than 2,000 jobs once completed.

Construction of the first phase of the factory β€” which will cost $1 billion β€” will begin in early 2019 and provide 1,000 job opportunities for the local community. In a press release, the company said the new factory will be β€œthe largest scale electric vehicle battery plant in the United States.” The folks at Tesla should find that statement interesting. Inside EVs speculates an investment of $167 billion should be enough to create a factory capable of producing 30 GWh of batteries annually.

Last month, Volkswagen indicated it is looking to SK Innovation to be a major supplier of battery cells for the electric cars it plans to manufacture in the United States. VW is known to be scouting locations for a US electric vehicle factory of its own. Whether the two companies are coordinating their search efforts so their factories can be close to each other is unknown.

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