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 tasks. The venture may be eligible to obtain an extra 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 is able to produce 2,500 tons per 12 months of silicon anode materials—sufficient materials to provide 1.5 million EVs.
The Flint manufacturing facility 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 navy out of two Chicago-based manufacturing services. The corporate lately 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 services, 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 facility is an enormous step ahead,” mentioned Francis Wang, CEO of NanoGraf. “Our growth into Michigan will permit us to leap to bigger scale manufacturing to satisfy nationwide calls for for high-performing EV batteries and client electronics.”
Supply: NanoGraf
