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Friday, September 20, 2024

The feds give NanoGraf $60M to construct an enormous EV battery supplies manufacturing unit in Michigan


Chicago-based NanoGraf will construct a $175 million manufacturing unit to provide 2,500 tons of silicon anode materials to assist as much as 1.5 million EVs per 12 months.

NanoGraf’s new manufacturing unit

The US Division of Power (DOE) has awarded $60 million to the silicon anode battery firm to assist construct its manufacturing unit beneath the Bipartisan Infrastructure Legislation.

NanoGraf’s venture is considered one of 25 chosen throughout 14 states to obtain a portion of the over $3 billion in grants that the DOE introduced in the present day. These grants intention to strengthen home manufacturing of superior batteries and battery supplies within the US.

NanoGraf will use the grant, along with its personal capital, to retrofit an current manufacturing unit in Flint, Michigan. It is going to be one of many world’s largest silicon anode amenities, considerably boosting US efforts to onshore the battery provide chain. The corporate says its superior silicon anode battery materials allows stronger, lighter, and longer-lasting lithium-ion batteries.

The Flint manufacturing unit is NanoGraf’s third battery materials manufacturing unit and will increase the corporate’s complete manufacturing footprint to over 414,000 sq. toes. NanoGraf at present produces silicon anode materials for the US navy out of two Chicago-based manufacturing amenities, together with a brand new R&D facility at 455 N Ashland Avenue and its headquarters at 400 N Noble Road.

The venture will create roughly 200 development jobs by way of a venture labor settlement with the North American Constructing Trades Union. As much as 150 new everlasting jobs shall be created for operations, and round 80% are anticipated to return immediately from the area people.

NanoGraf has signed a neutrality settlement with the United Steelworkers and says it’s dedicated to partnering with them ought to a majority of workers want to unionize. 

Electrek’s Take

In November 2022, Connor Hund, chief working officer at NanoGraf, and I mentioned a $10 million Division of Protection contract that the corporate had secured.

Hund informed me that the corporate’s 18-month contract with the DoD allowed it to scale up home manufacturing in a cautious and deliberate means in order that it may lay the groundwork for the subsequent stage of supplying domestically produced batteries to the EV market by 2024. 

NanoGraf doesn’t say when it intends to open the Flint manufacturing unit, nevertheless it’s definitely transferring towards the next-stage objective that it set in a well timed vogue. An enormous domestically made lithium-ion battery manufacturing unit is a welcome factor. 


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