Battery startup Statevolt has acquired a 135-acre website close to the Salton Sea in Imperial Valley, California, for a brand new 54 GWh gigafactory. The corporate says it intends to fabricate batteries for EVs and storage purposes utilizing completely US sources and provide chains as a part of its hyperlocal enterprise mannequin.
In response to Statevolt, the situation was chosen as a result of the Salton Sea accommodates sufficient lithium to fulfill US demand in addition to a projected 40% of world demand. Incentives supplied by means of the Inflation Discount Act have accelerated its growth plans, the corporate says. It has engaged AECOM to undertake environmental and visitors evaluation, and has partnered with Managed Thermal Sources to provide lithium and geothermal energy from its Hell’s Kitchen plant.
Statevolt says that at full working capability, the brand new facility will be capable to produce batteries for 650,000 EVs a 12 months.
Supply: Green Car Congress