The City of Bowling Green will become home to a state-of-the-art electric vehicle (EV) battery factory. The $2 billion development will create 2,000 new jobs. Envision AESC officials say their factory will produce 300,000 batteries each year for multiple global automotive manufacturers.

Mayor Todd Alcott joined Governor Andy Beshear, Senate President Robert Stivers (R-Manchester), House Speaker David Osborne (R-Prospect), Senator Mike Wilson (R-Bowling Green), and Representative Michael Meredith (R-Oakland) at the Wednesday announcement that brought an international audience to the Capitol’s second floor.

“The scale of this project is like nothing our community has ever seen before,” Alcott said. “This announcement boasts the largest investment amount, job creation, and facility size in our history. It’s phenomenal for the future of our region.”

Envision AESC, based in Japan, will build the plant at Bowling Green’s Kentucky Transpark. The battery technology company researches, develops, designs, manufactures, and sells high-power batteries for EVs and energy storage. Envision AESC employs 4,000 workers at 10 production plants in Japan, the United States, the United Kingdom, China, and France.

The Bowling Green development ranks as the second largest in the state and follows a $5.8 billion September announcement by Ford Motor Company and SK Innovation. Those companies will build the BlueOval SK Battery Park approximately nine miles from Elizabethtown.