Ener1 subsidiary EnerDel plans to build a new battery manufacturing plant near its headquarters in Indianapolis. The facility is expected to cost USD237m and will be financed using private funds and public incentives.
The lithium-ion battery maker says the new plant will more than double its US production capacity, enabling it to supply battery packs for around 600,000 hybrid-electric vehicles or 60,000 all-electric vehicles. EnerDel has secured a USD118.5m US Department of Energy grant and nearly USD70m in state and local incentives to fund the project.
Earlier this week, the firm joined up with Japanese Ener1 investor ITOCHU to provide battery systems for a residential smart grid project near Tokyo.
EnerDel Plans to Invest $237 Million in New Indiana Lithium-Ion Battery Plant, Creating 1,400 New Clean Tech Jobs21 Jan 10 - PR Newswire - Environment
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