EnerSys revises SC lithium plant to 1 GWh, focuses on defense; gets $150M DOE grant

EnerSys

Revised facility capacity from 4-5 GWh to 1 GWh; total net investment ~$500M.
DOE grant revised to ~$150M; state/local incentives up to ~$200M.
Board approved; construction expected H1 FY2028, production ~3 years later.
EnerSys ends technology relationship with Verkor; will leverage existing defense supply base.
Facility to produce FEOC-compliant lithium cells for aerospace/defense and specialized industrial.

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