KORE Power, a battery cell developer based in Coeur d’Alene, Idaho, has three potential sites for its upcoming lithium-ion battery manufacturing facility, including in Arizona.
The proposed factory would support up to 12 gigawatt hours of battery cell production in an effort to diversify the U.S. battery supply chain. The vast majority of the world’s battery cells, which end up in electric vehicles, e-bikes, e-scooters or drones, are produced in Asia.
In addition to the 3,000 would-be KORE Power employees, the company estimated that the new plant would bring an additional 10,000 direct and indirect jobs to the selected region.
The company listed workforce capacity, proximity to land and sea trade routes, economic incentives, community support and a pro-business environment as important decision factors. KORE Power said it will announce its decision on the facility’s location later this summer.
The news comes as Samsung, which is headquartered in South Korea, is considering sites in Arizona, Texas and Genesee County, New York for a semiconductor fabrication facility that is expected to create 1,900 jobs and represent a capital investment of $17 billion.
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