Key Highlights:

• $199 million DOE funding secured for EnerSys' lithium-ion battery gigafactory.

• 500,000 sq. ft. Greenville facility dedicated to advanced energy storage solutions.

• Supports U.S. energy supply chain and defense battery needs.

• Construction begins in 2025; commercial production set for 2028.

• Aligns with EnerSys' vision to shape the future of energy storage.

Source: Business Wire

Notable Quotes:

Why This Matters:

EnerSys' investment in a state-of-the-art lithium-ion battery facility marks a significant step in bolstering the U.S. energy storage ecosystem. The project strengthens the domestic energy supply chain, fulfilling critical commercial, industrial, and defense needs while fostering innovation in sustainable energy solutions. By supporting government priorities like energy independence and defense readiness, EnerSys aligns its operations with broader national goals, creating economic and strategic value for the U.S.