other material
confidence high
sentiment positive
materiality 0.80
EnerSys selects Greenville, SC for $500M lithium-ion gigafactory; 4 GWh capacity
EnerSys
- Planned $500M investment in Greenville, SC, creating 500 jobs for lithium-ion cell production.
- Factory will have 4 GWh annual capacity; targets early 2025 construction start, late 2027 operations.
- Applied for ~$200M incentive package from South Carolina and Greenville County, plus IRA 45X tax benefits.
- Will manufacture various lithium-ion cell form factors for commercial, industrial, and defense uses.
- Second South Carolina site; follows June 2023 MOU with Verkor for potential U.S. gigafactory.