The US just financed a $1.2B EV lithium-ion battery separator factory in Indiana
Summary
DOE estimates that by 2030, the North American lithium-ion EV battery industry will require annual separator production of 7 to 10 billion square meters.Lebanon, Oregon-headquartered ENTEK will also be able to sell its separators to manufacturers of lithium-ion batteries for energy storage and is a contracted supplier to KORE Power.Once complete, ENTEKs factory is expected to have the capacity to manufacture 1.72 billion square meters of separator material annually for the North American EV market.The number of EVs supported by this project depends upon the battery form factor cylindrical, pouch, or prismatic used for various battery chemistries. Based on current form factors chosen by cell manufacturers, the project will support roughly 1.9 million mid-size EVs or 1.3 million eSUVs.ENTEKs new lithium-ion battery separator factory is expected to create 763 construction jobs and 635 operational jobs. The project will also help US EV manufacturers satisfy battery component sourcing requirements under the 30D Clean Vehicle Credit in President Bidens Inflation Reduction Act.Read more: North America is now the growth leader for new battery factoriesIf youre considering going solar, its always a good idea to get quotes from a few installers. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, its free to use, and you wont get sales calls until you select an installer and share your phone number with them.Your personalized solar quotes are easy to compare online and youll get access to unbiased Energy Advisors to help you every step of the way.