Battery developer Amprius Technologies (NYSE: AMPX) has signed a letter of intent for a 775,000-square-foot facility near Denver. The factory will be built in phases, starting with 500 megawatt-hours and having the potential of up to 5 gigawatt-hours. The company chose an existing 1.3 million-square-foot factory site in Brighton, in the Denver area, due to its existing electric power and structural layout, which will reduce buildout costs.
The US Department of Energy awarded Amprius a $50 million cost-sharing grant as the result of the Biden administration’s Infrastructure Law. Colorado governor Jared Polis said: “We need more batteries to power the future, and now we will be manufacturing more of them right here in Colorado. We are excited to welcome Amprius to Colorado, bringing over 300 new good-paying jobs and joining Colorado’s innovative and collaborative business community.”
Fremont-headquartered Amprius uses silicon nanowires instead of graphite anode in its lithium-ion batteries, allowing for higher energy density and providing EVs with longer range, faster charging times, and greater energy density. The batteries will be developed in Fremont and manufactured in Brighton, with the factory aiming to launch in 2025.
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FAQ
Q1. When will electric cars be available in the UK?
A1. Electric cars are already available in the UK.
Q2. Where can I find electric car charging stations near me?
A2. You can use online resources such as Zap-Map to find electric car charging stations near you.
Q3. Which electric car is the best?
A3. The best electric car depends on your individual needs and preferences.
