EnerSys Selected For $199M Award Negotiation By U.S. Department Of Energy To Develop Lithium-Ion Cell Gigafactory In South Carolina, With Plans To Invest $615M Over Four Years
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EnerSys has been selected by the U.S. Department of Energy for a $199 million award negotiation to develop a lithium-ion cell gigafactory in South Carolina. EnerSys plans to invest $615 million over four years in this project.
September 20, 2024 | 12:32 pm
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EnerSys has been selected for a $199 million award negotiation by the U.S. Department of Energy to develop a lithium-ion cell gigafactory in South Carolina, with a $615 million investment plan over four years.
The selection by the U.S. Department of Energy and the significant investment plan indicate strong future growth potential for EnerSys. This project aligns with the increasing demand for lithium-ion technology, likely boosting EnerSys's market position and revenues.
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