Daimler Trucks, Accelera by Cummins, and truck maker PACCAR will build a huge battery cell factory for electric trucks in Mississippi.
Expand Expanding Close
As 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 Close
Daimler, Cummins, and PACCAR are forming a joint venture to manufacture battery cells in the US for commercial electric trucks.
Expand Expanding Close
In 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.
Expand Expanding Close
Irvine, 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 Close
The 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 Close
Graphite is in virtually all EV batteries, and Chicago-based Anovion Technologies is opening the largest graphite production facility in North America.
Expand Expanding Close
Michigan-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 Close
Battery 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 Close
President 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.
Expand Expanding Close