Astemo Invests $112M in Kentucky EV Expansion | Lexington News

Astemo Americas is pouring $112 million into Madison County, Kentucky, to expand its EV manufacturing operations — a move set to create 114 new jobs in phase one and nearly 300,000 square feet of new space. The investment upgrades equipment for next-gen automotive components, fueling Kentucky’s electric vehicle future. Local leaders call it a generational win, highlighting long-term economic impact and workforce commitment. With potential total investment hitting $379 million and up to 300 more jobs on the horizon, Astemo’s deep roots in Kentucky are being cemented as a global EV leader. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/08c03a3884e22376