Chinese language-owned lithium battery producer Automotive Vitality Provide Company (AESC) has bought a majority stake in its Tennessee cell manufacturing facility to Fixx Energy, a brand new U.S. title.
Credit score: AESC
Based in Japan in 2007, AESC finally turned majority owned by China’s Envision Group because it expanded its manufacturing operations around the globe. The company established a manufacturing unit in Smyrna, Tennessee, in 2012 to produce EV batteries to Nissan. AESC retooled the manufacturing unit in 2025 to provide lithium cells for stationary vitality storage. AESC has been a major provider to Fluence, a large-scale battery mission developer and installer. It’s been beforehand estimated that the Smyrna manufacturing unit has an annual manufacturing capability of 3 GWh of lithium-iron phosphate (LFP) cells.
With new international entity of concern (FEOC) necessities from the U.S. authorities placing an emphasis on limiting the set up of vitality merchandise which have Chinese language affect, many firms are switching up U.S. manufacturing unit ownerships.
Fixx Vitality took management of AESC’s Tennessee facility final month, and it has signed a multiyear settlement to produce cells to Fluence.
“America has a transparent alternative to develop home vitality storage manufacturing capability, supported by robust demand and a rising industrial base. Our facility is working, and the window to steer is now. Fixx is prepared for this second,” mentioned Jeff Juger, CEO of Fixx Vitality.
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