{"id":108506,"date":"2025-02-10T08:14:29","date_gmt":"2025-02-10T13:14:29","guid":{"rendered":"https:\/\/\/?p=108506"},"modified":"2025-02-10T08:14:29","modified_gmt":"2025-02-10T13:14:29","slug":"two-lithium-battery-makers-pull-plug-on-american-manufacturing-plans","status":"publish","type":"post","link":"https:\/\/\/2025\/02\/two-lithium-battery-makers-pull-plug-on-american-manufacturing-plans\/","title":{"rendered":"Two lithium battery makers pull plug on American manufacturing plans"},"content":{"rendered":"
Two companies attempting to set up gigawatt-scale lithium battery factories have canceled their plans for American manufacturing. KORE Power confirmed to local news<\/a> that it was abandoning its 12-GWh factory plan in Buckeye, Arizona, and FREYR just revealed<\/a> it would sell its ESS manufacturing site in Georgia.<\/p>\n KORE Power first announced<\/a> its Arizona manufacturing plans in 2021. The goal<\/a> was to hire 3,000 people at the 1 million ft2<\/sup> site to make both NMC and LFP battery cells for the EV and ESS markets. The company has U.S. intellectual property but makes its batteries through a Chinese contract manufacturer. After receiving investments from Siemens and Quanta Services, KORE planned to break ground<\/a> on the Arizona site in 2023. Construction never began, and now the company is pivoting<\/a> to find an already-built site to move into.<\/p>\n Norwegian-born FREYR chose a site in Coweta County, Georgia, to establish lithium battery cell manufacturing and was working toward a loan from the Dept. of Energy<\/a> for the $1.7 billion project. The company made a surprising move in late 2024, buying Trina Solar’s panel assembly<\/a> operations in Texas. FREYR is now focusing primarily on solar panel manufacturing, even dropping “Battery” from its company name. FREYR said it has entered into a definitive agreement to sell the Georgia site to an undisclosed party for $50 million, which should be finalized on Feb. 15, 2024.<\/p>\n","protected":false},"excerpt":{"rendered":" Two companies attempting to set up gigawatt-scale lithium battery factories have canceled their plans for American manufacturing. KORE Power confirmed to local news that it was abandoning its 12-GWh factory plan in Buckeye, Arizona, and FREYR just revealed it would sell its ESS manufacturing site in Georgia. KORE Power first announced its Arizona manufacturing plans…<\/p>\n","protected":false},"author":1401,"featured_media":100738,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[796,5117,16,4386],"tags":[5557],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"\n