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Imperium3 consortium forms to establish Li-ion battery gigafactory in NY state; 3 GWh by Q4 2019 to grow to 15 GWh

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a consortium of businesses spearheaded by three “Southern Tier” companies, will establish Li-ion research and development and production operations at the Huron Campus in Endicott, Broome County. million, including a $4 million Upstate Revitalization Initiative grant and $3.5 million in Excelsior Jobs Program tax credits.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

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million in tax credits to four battery companies announcing plans to invest more than $1.7 billion in Li-ion manufacturing facilities in the state. The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.;

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Saft to Raise Approximately 120M to Fund Li-ion Plants in US

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Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. million, including $100 million of investment-related, refundable tax credit.

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

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In its most recent 8K filing with the Securities and Exchange Commission (SEC), Li-ion battery maker A123 Systems said a number of circumstances have raised “ substantial doubt on [its] ability to continue as a going concern.”. A123 Systems has been the recipient of a number of state and federal grants and tax incentives.

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LG Chem to Build $ 303M Li-ion Plant in Holland, MI

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will build its new $303 million lithium-ion battery manufacturing facility in Holland, Michigan. million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. LG Chem Ltd. Michigan Governor Jennifer M.

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Li-ion Separator Supplier Celgard Expanding Production in North Carolina

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and a leading supplier of microporous separators used in lithium-ion batteries, plans to expand capacity at its existing Charlotte, North Carolina facility and build a new manufacturing site in Concord, North Carolina. Celgard will implement its lithium-ion battery separator capacity expansion in two phases. Earlier post.)