The new Volkswagen spinoff bought the iconic brand name and plans to start producing up to 200,000 electric SUVs and pickups a year beginning in 2026 at a 1,600-acre site just north of Columbia. It's a $2 billion investment expected to create 4,000 jobs.
The global specialty chemicals giant will build a processing plant to produce up to 100,000 metric tons a year of recycled lithium hydroxide for EV batteries. The 800-acre site in Chester County represents a $1.3 billion investment expected to create 300 new jobs.
The battery management and materials company is investing more than $300 million in a 400,000-square-foot facility in Columbia. The lithium-ion recycling operation will employ about 300 people and provide enough battery-grade metal salts to power more than 500,000 EV batteries a year.
In the heart of South Carolina, the five counties comprising the S.C. I-77 Alliance are emerging as a focal point for a new era of industry. This vibrant economic hub is attracting a wealth of electric vehicle (EV)-related industries, underlining its importance as a strategic location for innovative businesses.
Four major economic development wins for the I-77 corridor in South Carolina have set the stage for a memorable 2023 while demonstrating the significant opportunities it presents for existing industry and newcomers alike.
The I-77 Alliance corridor is an ideal blend of urban, suburban, and rural settings from York and Lancaster counties just south of Charlotte through Chester and Fairfield counties to Richland County, home to the state capital of Columbia.
We can accommodate any plans for corporate expansion, including office, manufacturing, and distribution operations.
To explore your opportunities here, reach out to me, Chris Finn, Interim President and CEO, at the S.C. I-77 Alliance via phone (803) 789-3467 or email Chris.Finn@I77Alliance.com.