Forge Battery, Inc.

Bipartisan Infrastructure Law (BIL) - Forge Battery’s 3GWH Commercial Deployment of Advanced Lithium-ion Battery Production Facility With Domestic Supply Chain the Objective of This Project Is to Develop a 277,000 SQ/FT Facility, to Produce High-capacity Lithium-ion 21700 Cylindrical Cells at 3GWH/YR Production Rates. the Project Objectives Include Building a Production Facility, Scaling Up Our Atomic Armor Technology to Create Competitive Pricing Across Specialty Markets, Creating Permanent Jobs and Delivering a Community Benefits Plan With a Robust Workforce Development and Scholarship Program.

Committed

$100.0 Million

Paid out
$4.8M
5%
Committed, not yet paid
$95.2M
95%

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Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Energy

Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications to