gigafactories

gigafactories

Statevolt, a battery cell manufacturing company, has secured a site for their gigafactory in the Imperial Valley. As the American sister to their Italian counterpart, Italvolt, the company is seeking to rapidly expand its battery production facilities to the United States by capturing funding created by the Inflation Reduction Act.

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Kevin Dooley | Flickr

The founder and CEO of Italian battery manufacturer Italvolt announced plans today for a new $4 billion gigafactory in Southern California’s Imperial Valley that should produce enough batteries to supply 650,000 electric vehicles annually.

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