Battery startup Statevolt has acquired a 135-acre site near the Salton Sea in Imperial Valley, California, for a new 54 GWh gigafactory. The company says it intends to manufacture batteries for EVs and storage applications using exclusively US resources and supply chains as part of its hyperlocal business model. According to Statevolt, the location was… Read more »
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Statevolt to build 54 GWh battery gigafactory in California
Startup Statevolt, a sister company of Britishvolt and Italvolt, plans to invest $4 billion to construct a new battery factory in California’s Imperial Valley. The new company’s team will take advantage of “previous learnings in gigafactory design and engineering,” as well as “an ecosystem of established project development partners.” Statevolt is currently searching for the… Read more »