Addionics, a provider of next-generation battery technologies 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 down costs. Once completed the factories will generate 3D copper foils to support 90GWh of battery capacity a year, representing an exponential increase in US copper foil production, a critical battery component currently underserved in the market.
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With substantial demand from American and European automotive and battery OEMs Addionics’ first plant is expected to begin production in 2027, with additional plants expected to be completed by 2032. The three-phase multi-factory plan will produce tens of thousands of tons of 3D copper foil per year, reducing the overall cost of batteries in the U.S., strengthening supply chain stability, and bolstering domestic battery production.
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“The ability to manufacture cost-effective high-performance batteries at scale is the biggest challenge facing the EV industry today,” said Dr. Moshiel Biton, CEO and Co-Founder of Addionics. “The new U.S. facility will be our largest manufacturing facility to date, and will be able to support and accelerate the local production of the next generation of batteries that are powering the EV and electrified future.
Addionics’ Smart 3D Current Collectors™ have emerged as the new industry standard for the next generation of batteries, delivering superior energy density, higher power, faster charging times, and a longer lifespan compared to traditional batteries – all at a lower cost.
About Addionics
Founded in 2017 by Ph.D. Moshiel Biton, Ph.D. Vladimir Yufit, and Ph.D. Farid Tariq, Addionics has production facilities in the U.S. and Israel, along with sites in the UK and Germany. Addionics is a leading manufacturer of Smart 3D Current Collectors™ powering the next generation of batteries. Addionics’ low-cost drop-in solution seamlessly integrates into existing production facilities, allowing battery manufacturers and automakers to increase production capacity while reducing manufacturing costs.
