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Envision AESC investing $2B to build 30 GWh gigafactory in Kentucky; potential to expand to 40 GWh

Green Car Congress

Envision AESC, a leading Japanese electric vehicle battery technology company, will invest $2 billion to build a new gigafactory in the Kentucky Transpark in Bowling Green, Warren County. Selected for its strong automotive manufacturing base, skilled workforce and excellent infrastructure, Kentucky is already the nation’s No.

Kentucky 186
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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. million electric vehicles (EVs). Earlier post.).

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Toyota to invest $1.3B to build EVs at its Kentucky plant

Baua Electric

billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market. The investment supports the previously announced future battery EV assembly at Toyota Kentucky. You cannot power a Prius on carbon-neutral energy, and a Prius is not zero-emission. Get started here. –ad*

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AESC breaks ground on 30 GWh EV battery factory in South Carolina

Green Car Congress

The new 30 GWh battery plant builds on AESC’s existing battery manufacturing network that includes a plant in operation in Tennessee and another plant under construction in Kentucky. Under the agreement, AESC will supply battery cells for next-generation electric vehicle models produced at BMW’s Spartanburg plant.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6

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Urbix and SK On in joint development agreement for high-performance anode materials

Green Car Congress

For SKO, this agreement reinforces a local supply chain for battery anode materials in the US, helping customers take advantage of the provisions of the “Inflation Reduction Act” (IRA). The IRA intends to aid investment in US domestic energy production and manufacturing, with the aim of reducing carbon emissions by roughly 40% before 2030.

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DOE announces approximately $64M in funding for 18 projects to advance H2@Scale

Green Car Congress

The projects will feature collaborations with EERE’s Advanced Manufacturing Office on manufacturing reliable and affordable electrolyzers and with EERE’s Vehicle Technologies Office on developing low-cost, high-strength carbon fiber for hydrogen storage tanks. Carbon Composite Optimization Reducing Tank Cost. University of Kentucky.