Advanced energy storage systems provider Lion Energy has entered into a strategic partnership with American Battery Factory (ABF), a U.S.-based lithium iron phosphate (LFP) battery cell manufacturer, to develop one of the first networks of domestic giga-scale battery cell manufacturing facilities.
The partnership reinforces Lion Energy’s efforts to advance a domestic battery supply chain, aligning with ABF’s recently announced offtake agreements for its upcoming LFP battery cell gigafactory in Tucson, Arizona.
The agreements will secure more than 4.5 gigawatt-hours (GWh) of initial production capacity.
The announcement comes shortly after Aqua Metals published a press release detailing the acquisition of Lion Energy. The transaction is expected to bolster the deployment of a vertically integrated U.S.-based battery ecosystem spanning advanced cell manufacturing to end-of-life recycling.
“The strong customer demand we are experiencing and our recently announced offtake agreements reinforce the importance of building a fully domestic battery supply chain,” said Tyler Hortin, CEO of Lion Energy, in a statement. “Our strategic partnership and equity position in ABF reflect our confidence in their vision and strengthen our ability to bring American-made battery technology to market at scale.”
Lion Energy is also expanding its domestic battery assembly capabilities, with new production lines scheduled to come online in June of this year. They are expected to be both FEOC and Domestic Content compliant.
Brady Hoggan, CRO of Lion Energy, added, “By aligning system integration, manufacturing, and lifecycle management, we are positioning the company to meet growing demand for secure, domestically controlled energy solutions.”
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