Chicago-headquartered NanoGraf has been awarded a $60-million grant from the US Division of Power’s Workplace of Manufacturing and Power Provide Chains to retrofit a producing facility in Flint, Michigan to supply silicon anode battery supplies.
The award was granted beneath the Bipartisan Infrastructure Legislation (BIL) fund supporting new and expanded commercial-scale home battery manufacturing initiatives. The mission might also be eligible to obtain a further grant from the Make It in Michigan Competitiveness Fund, administered by means of the Michigan Infrastructure Workplace.
NanoGraf will use the financing in addition to its personal capital to finish the manufacturing facility, which can produce 2,500 tons per 12 months of silicon anode materials—sufficient materials to produce 1.5 million EVs.
The Flint manufacturing unit can be NanoGraf’s third battery materials manufacturing facility and enhance its complete manufacturing footprint to over 414,000 sq. ft. NanoGraf at present produces silicon anode materials for the US army out of two Chicago-based manufacturing amenities. The corporate not too long ago introduced that it was supplying batteries to Thales Protection & Safety for communications handsets utilized by troopers within the discipline. NanoGraf’s headquarters, military-focused manufacturing amenities, and R&D operations will stay in Chicago.
“As a US-based and US-founded firm, we’re dedicated to strengthening the home battery provide chain—and this manufacturing unit is a giant step ahead,” mentioned Francis Wang, CEO of NanoGraf. “Our enlargement into Michigan will enable us to leap to bigger scale manufacturing to satisfy nationwide calls for for high-performing EV batteries and shopper electronics.”
Supply: NanoGraf
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