The Chinese-owned AESC Group is growing its foothold in the U.S. market by constructing two new electric vehicle (EV) battery plants in South Carolina and Kentucky, its chief technology officer said on Oct. 15. AESC is a Japan-based EV battery manufacturer formerly owned by the Japanese carmaker Nissan. In 2019, Nissan sold 80 percent of its stake to the Chinese renewable energy company Envision Group. In a recent interview with Nikkei Asia, Chief Technology Officer Hiroyuki Akashi said that AESC has “clear visibility” to expand its operations in the United States while working to meet the U.S. EV tax credit requirements. Mr. Akashi said the company already operates a battery plant in the United States that supplies Nissan Motor, but its expansion efforts in the world’s largest economy have not stopped there....Read more https://www.theepochtimes.com/business/chinese-owned-ev-battery-maker-reportedly-expanding-its-presence-in-us-market-5510590