Statevolt buys 135-acre site in California to build 54-GWh battery plant

Corporate developments

Statevolt plans to set up a 54-GWh battery plant, which it estimates could produce batteries for 650,000 EVs per year

Statevolt, one of three lithium-ion (Li-ion) battery cell development companies founded by Swedish entrepreneur Lars Carlstrom, has bought a 135-acre site in Imperial Valley, California, where it plans to build a 54-GWh battery plant, according to a news report published by Renewables Now on 24 January 2023.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload