Green Car Congress
JANUARY 21, 2010
Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis headquarters in order to meet anticipated demand for advanced battery systems used in both automotive and stationary smart grid applications. The Indiana plant will be financed through a $118.5
Green Car Congress
SEPTEMBER 23, 2010
The financing is expected to close next week. Ener1 set out to raise $150 million at the start of 2010, to meet near-term manufacturing objectives. Over $300 million has been invested in the company over the last five years in achieving the steps to commercialization, and building a global manufacturing footprint.
Green Car Congress
MARCH 13, 2009
Overall, Ener1’s 92,000 ft 2 facility in Indianapolis has current capacity to produce 300 million watt hours of electrodes; an additional $50 million spent on equipment would double capacity to 600 million watt hours of electrodes for battery pack and cell production capacity of $450 million value in sales. Ener1 purchased $21.3
Green Car Congress
JULY 21, 2016
Promote a robust market for vehicle manufacturers, utilities, equipment service providers, and support industries that ensures a consistent user experience, customer choice, and allows for a streamlined permitting process. Enhance American manufacturing competitiveness, innovation, and the development of advanced technology.
Green Car Congress
JUNE 1, 2009
GM Manufacturing Plans. Indianapolis, Ind. Close the gap in active worker labor costs compared with transplant auto manufacturers. billion of bridge financing from the German government and a Memorandum of Understanding to partner with Magna International Inc. Plant Status / Timing (or sooner). Orion, Mich. Pontiac, Mich.
Green Car Congress
JANUARY 8, 2014
Manufacturing and distributing vehicles in multiple regions of the world presents many logistical issues, though established automakers have overcome similar challenges in the past. presence in Indianapolis. Tesla is also readying the Model X, a more affordable crossover for launch by the end of 2014. More than 1.9
Green Car Congress
NOVEMBER 14, 2019
Workhorse has secured financing to be able to provide battery leasing packages for the entire EnerDel partnership. EnerDel’s proven performance and its production capacity are an important supplement to our in-house battery manufacturing operation as we gear up for growth at scale. EnerDel Inc.
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