By KORE Power, Inc.
KORE Power, Inc. has announced the first lithium-ion battery manufacturing facility wholly owned by a U.S. company will be built in Maricopa County.
The 1MSF manufacturing facility, dubbed The KOREPlex, will support up to 12 GWh of battery cell production to ensure a reliable and independent U.S. supply chain for lithium-ion battery cells that are critical to the future of electric vehicles, power grids and more. The facility will have the capacity to produce enough power for 3.2 million homes each year. KORE plans to start construction of the facility by the end of the year with the goal of beginning production in Q2 2023.
KORE Power is the leading U.S.-based developer of battery cell technology for the energy storage and electric transportation industries. Founded in 2018, the company leveraged the experience of its contract manufacturing partner to build and deploy more than 10 million battery cells to its global customer base. The new KOREPlex facility will add to the company’s current annual production capacity of two GWh that is in the process of scaling up to six GWh to serve the rapidly growing battery market. KORE Power’s U.S. facility will create more than 3,000 new advanced manufacturing jobs in Arizona and will strengthen U.S. energy security by creating a new domestic battery supply.
KOREPlex will operate with net-zero carbon emissions through strategic partnerships and solar-plus- and storage co-generation.
KORE Power plans to employ more than 3,000 full-time personnel at the facility, which will generate upward of an estimated 10,000 direct and indirect jobs. The construction of KOREPlex will employ an estimated 3,400 workers during peak construction. It is expected construction will take about 18 months.
KORE Power landed on Maricopa County after a national site search and evaluation of the energy storage, manufacturing and electric transportation opportunities across the country. The Arizona site offered proximity to complimentary industries such as e-mobility, solar, semiconductor, and utilities, workforce and logistics capacity, and a pro-business tax and regulatory environment. (Source)
