Friday, March 13, 2026

EVs and batteries propel SC’s industrial recruitment to record $10.27B in ’22 | Business

A focus on electric vehicles and the batteries that power them helped the S.C. Department of Commerce recruit 120 new businesses and expansions representing investments topping $10.27 billion in 2022 — a record year for economic development in the state.The new deals promise to create 14,083 jobs over time, with most of the activity centered around plants in the Charleston region and the Upstate.“It’s no accident or surprise that South Carolina is breaking economic development records,” Gov. Henry McMaster said in a written statement on Jan. 5. “We have consistently proven that our people are among the most talented and hard-working in the world, that we’re committed to fostering a competitive business-friendly environment … These historic…

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