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Addionics announces First U.S. facility as part of $400 Million Investment in domestic EV Battery manufacturing capabilities

Addionics, a provider of next-generation battery technologies, has announced a planned $400 million investment into its U.S. manufacturing facilities as part of a multi-year roadmap to support domestic EV battery production. The growing demand for high-performance EV batteries has put unprecedented pressure on battery manufacturers to ramp up production and bring …

Israeli battery tech startup Addionics to build $400 mln U.S. plant

Israeli battery technology company Addionics plans to build a $400 million U.S. factory to make copper anodes for electric vehicle batteries starting in 2027 to eventually supply enough for about 1 million EVs a year, it said on Monday. The plant will be built in three phases. CEO Moshiel Biton …