KORE Power kills $1 billion Arizona EV battery factory plans
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KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.
Expand Expanding CloseKORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.
Expand Expanding CloseIn a significant boost for the US EV industry, Ford’s joint venture, BlueOval SK, has closed a $9.63 billion loan from the Department of Energy’s (DOE) Loans Programs Office.
Expand Expanding CloseAmprius Technologies has shipped its power-packed A-Sample EV cells to the United States Advanced Battery Consortium (USABC), a research collaboration between major automakers to advance EV battery technology.
Expand Expanding CloseSupermaterials trailblazer Lyten will invest over $1 billion to build the world’s first lithium-sulfur battery gigafactory in Reno, Nevada.
Expand Expanding CloseGlobal EV battery maker SK On now has a joint development agreement with Sakuu, the “world’s first manufacturing platform for printing battery electrodes.”
Expand Expanding CloseDaimler Trucks, Accelera by Cummins, and truck maker PACCAR broke ground on a huge battery cell factory for electric trucks in Mississippi.
Expand Expanding CloseIn a milestone, supermaterials trailblazer Lyten has shipped lithium-sulfur (Li-S) batteries to Stellantis and other US and EU OEMs for testing.
Expand Expanding CloseBattery tech firm AESC, which is partnered with BMW, is investing $1.5 billion to expand its EV battery factory in South Carolina.
Expand Expanding CloseAs part of the Bipartisan Infrastructure Law, the Biden administration announced that a new round of federal funds to support the US battery manufacturing industry is becoming available. This $3.5 billion package is the second part of a large $6 billion-plus program that awarded funds to its first applicants last year.
Expand Expanding CloseDaimler, Cummins, and PACCAR are forming a joint venture to manufacture battery cells in the US for commercial electric trucks.
Expand Expanding CloseIn recent years, automakers have announced new EV investments totaling $154 billion and creating 188,000 jobs, largely catalyzed by President Biden’s EV policies. A new map shows where it’s all happening in the US.
(Update: These numbers keep increasing, see this tool for updated numbers)
Expand Expanding CloseIrvine, California-based Enevate and Korea’s JR Energy Solution today announced that they’re going to jointly build a US battery cell electrode factory.
Expand Expanding CloseThe construction of KORE Power‘s EV battery factory in Arizona is now fast-tracked with a US Department of Energy loan for $850 million.
Expand Expanding CloseGraphite is in virtually all EV batteries, and Chicago-based Anovion Technologies is opening the largest graphite production facility in North America.
Expand Expanding CloseMichigan-based Our Next Energy (ONE) is going to open a long-duration battery storage factory in West Virginia, next to a 420 MWh solar microgrid.
Expand Expanding CloseBattery developer Amprius Technologies (NYSE: AMPX) today announced that it has signed a letter of intent for a 775,000-square-foot facility near Denver.
Expand Expanding ClosePresident Biden and the US Department of Energy have issued multiple notices of intent to allocate $2.91 billion in support of EV battery manufacturing as part of the Bipartisan Infrastructure Law. The DOE shared plans to use the funds to further battery materials refining, production plants, and battery cell manufacturing facilities in addition to battery recycling.
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