U.S. Energy Secretary Jennifer Granholm joined NOVONIX and local leaders for the announcement, which included the creation of 290 jobs.
“The local support for this means not just something for Chattanooga, and it's not just for Tennessee, but it really is for the country,” Granholm said. “The fact that we're at a facility that once employed about 230 people and that now is going to employ 300 people, making the future of our transportation energy system secure, is such a great day for America.”
The Dept. of Energy, through the Federal Consortium for Advanced Batteries, released the National Blueprint for Lithium Batteriesin June with the goal of guiding investment to establish a secure battery materials and technology supply chain by 2030.
China has, so far, dominated the battery supply chain but there are signs that the U.S., and other countries, are gaining ground. While around 80% of all battery cell manufacturing capacity is in China, BloombergNEF found that the U.S. moved into second place globally in 2021, and will retain the position through 2026 under current projections.
John Engel is the Content Director for Renewable Energy World. For the past decade, John has worked as a journalist across various mediums -- print, digital, radio, and television -- covering sports, news, and politics. He lives in Asheville, North Carolina with his wife, Malia.
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