PsiQuantum Campus
Chicago, Illinois
Located in an 870-acre technology and commerce park in Florence, this new plant will encompass approximately 1.5 million square feet. This new plant will support the company’s multi-year partnership with BMW and builds on AESC’s existing U.S. network that collectively provides up to 70GWh capacity nationally.
Design on the project began in early 2023 and construction is estimated for completion by 2025. When complete, the battery plant is expected to create 1,170 new jobs and provide state-of-the-art battery cells for the next generation of electric vehicle models. The advanced battery format will result in 20% more energy density than the current generation, reduce charging time and increase range and efficiency for electric vehicles by 30%.
Aligning with the company’s global commitment to sustainability, the new, 30GWh manufacturing plant will be powered by 100% net zero carbon energy. AESC leverages leading net-zero system solutions from across the business, including renewable energy generation, carbon reduction through artificial intelligence of things energy management systems, and battery recycling to accelerate carbon neutrality across the whole battery value chain. The company is also committed to pursuing responsible sources for its critical battery components – cobalt, lithium, and nickel – providing full transparency of extraction methods and increasing reliance on recycled materials, which will contribute to a reduction in carbon dioxide emissions from cell production in the new plant.