EnerSys picks South Carolina for $500m lithium cells gigafactory project

EnerSys picks South Carolina for $500m lithium cells gigafactory project

EnerSys picks South Carolina for $500m lithium cells gigafactory project 427 299 Batteries International

February 15, 2024: EnerSys said yesterday it had chosen South Carolina as the site to build its planned $500 million lithium ion battery cell gigafactory.

The lead and lithium battery major said it is seeking an incentives package worth around $200 million to support the project — plus potential federal funding including tax benefits under the Inflation Reduction Act.

EnerSys said construction is to start early in 2025 and operations to be online in late 2027.

The 500,000ft2 facility, with a production capacity of 4GWh annually, will be built on a business park in Greenville. It will produce various form factors of lithium ion cells for commercial, industrial and defence applications.

EnerSys president and CEO David Shaffer (pictured) said the new plant would benefit a range of customers, including those with specific manufacturing requirements for US-sourced batteries.

The announcement of the project, which is subject to regulatory and other approvals, follows the signing of a non-binding memorandum of understanding last June with French lithium battery cells developer, Verkor, to consider developing the US gigafactory.

Last October, the European Commission cleared a €659 million ($703 million) French state aid grant for Verkor to support R&D in France into battery cells and modules for the large-scale deployment of EVs.

Verkor laid the foundation stone for its 16GWh per annum lithium gigafactory in Dunkirk in the north of France last November.