Valence Applies for $608M in ATVMIP Loans to Build US-based Lithium-Ion Battery Production Facility
Green Car Congress
APRIL 3, 2009
These loans will help finance the construction of a new $760-million lithium iron magnesium phosphate battery manufacturing facility to be located in Central Texas. Operating at full capacity, the domestic manufacturing facility would supply energy storage solutions for more than 250,000 hybrid and all-electric vehicles annually.
Let's personalize your content