Battery Maker to Invest $190M in Colorado Community

Amprius Technologies, a producer of lithium-ion batteries is taking over a 775,000 square foot facility in Brighton, Colorado, just outside of Denver. Amprius plans to establish a gigawatt scale factory to support lithium-ion battery production for the U.S. electric mobility market.  Amprius is one of the first companies to receive funding from the Infrastructure Law ... The post Battery Maker to Invest $190M in Colorado Community appeared first on Connect CRE.

Battery Maker to Invest $190M in Colorado Community

Amprius Technologies, a producer of lithium-ion batteries is taking over a 775,000 square foot facility in Brighton, Colorado, just outside of Denver. Amprius plans to establish a gigawatt scale factory to support lithium-ion battery production for the U.S. electric mobility market. 

Amprius is one of the first companies to receive funding from the Infrastructure Law to expand domestic manufacturing of electric vehicle and electrical grid batteries, and makes high-energy lithium-ion batteries. The $190 million includes a $50 million cost sharing grant from the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains, to provide a potential capacity of up to 5 gigawatt hours (GWh). 

Additional acreage at the site also has the potential to enable future expansions for a total potential manufacturing capacity of 10 GWh. The first phase of the expansion is expected to create 332 net new jobs at an average annual wage of $68,516.

The post Battery Maker to Invest $190M in Colorado Community appeared first on Connect CRE.

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