South Korean battery maker SK Innovation, which is slated to supply Volkswagen Chattanooga’s electric vehicle assembly site, says it plans to plow another $940 million into a Northeast Georgia facility.
The latest investment will create another 600 jobs in Commerce, Georgia, according to Georgia Gov. Brian Kemp. The money is in addition to the $1.67 billion the company earlier announced it plans to spend to develop two manufacturing facilities along with creating 2,000 jobs.
“Georgia is cementing its place as the Southeastern U.S. hub for the electric battery and vehicle market in large part thanks to SK innovation, and it is exciting to see the growth in demand for these quality products,” Kemp said.
Amanda Plecas, head of communications for VW in Chattanooga, said SK Innovation will supply lithium-ion battery cells for the automaker’s planned electric SUV in 2022.
She said VW’s Chattanooga EV plant, on which work started late last year, “has a commitment to create new jobs and use local suppliers.”