Beshear: Electric vehicle battery tech plant to bring 500+ jobs to one Kentucky town

Date Published03/30/2023
Author NameLucas Aulbach

Additional Reshoring Information:

Company/Division name Microvast Advanced Membrane Inc.
Parent companyMicrovast Advanced Membrane Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):562
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):50
City reshored to:Hopkinsville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric vehicle batteries
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives
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