EnerSys selected for $199M DOE award to build lithium-ion gigafactory in SC

EnerSys

DOE award negotiation up to $199M from Bipartisan Infrastructure Law; final contract expected ~120 days.
EnerSys plans total $615M investment; $50M additional for a DOD production line.
500,000 sq ft facility in Greenville, SC; initial 5 GWh annual capacity; up to 500 new jobs.
Construction to begin in 2025; commercial production expected by 2028; board has approved.
Also previously awarded ~$200M state/local incentive package; strategic partnership with Verkor.

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