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Forge Nano has begun expanding its facility in Morrisville, North Carolina, supported by a $100 million grant from the U.S. Department of Energy, to manufacture lithium-ion cells with annual capacity of up to 3 gigawatt-hours starting in 2028. In its first phase, the project targets heavy-duty trucking, defense, aviation and storage applications, with Samsung SDI participating in cell supply and marketing.
Samsung SDI is purchasing General Motors’ 49.99% stake in a joint battery plant venture in Indiana, becoming the sole owner of the $3.5 billion facility. The shift comes as electric vehicle demand growth slows, while the company plans to add a line for producing energy storage batteries.