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 Vitality (DOE) has awarded $60 million to the silicon anode battery firm to assist construct its manufacturing unit below the Bipartisan Infrastructure Regulation.

NanoGraf’s mission is certainly one of 25 chosen throughout 14 states to obtain a portion of the over $3 billion in grants that the DOE introduced right this moment. These grants goal 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. Will probably 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 permits 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 the moment 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 Avenue.

The mission will create roughly 200 development jobs by means of a mission labor settlement with the North American Constructing Trades Union. As much as 150 new everlasting jobs will probably be created for operations, and round 80% are anticipated to come back immediately from the local 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 staff 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 advised me that the corporate’s 18-month contract with the DoD allowed it to scale up home manufacturing in a cautious and deliberate method in order that it might 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 style. An enormous domestically made lithium-ion battery manufacturing unit is a welcome factor. 

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