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Addionics has announced a significant investment of $400 million into establishing its first manufacturing facility in the United States, focusing on enhancing the country’s electric vehicle (EV) battery production capabilities. This move is part of a broader strategy to improve the domestic supply of high-quality batteries, aiming to address the increasing demand for EVs.
The planned facility will produce 3D Current Collector™ copper foil, an essential component for battery technology, which is expected to support 90GWh of battery capacity annually. This initiative represents a step forward in increasing the United States’ capacity for copper foil production, meeting a critical need in the battery manufacturing industry.
As part of a three-phase plan, Addionics aims to complete additional factories by 2032, significantly increasing the production of 3D copper foil. This expansion is designed to lower the cost of batteries in the U.S., enhance supply chain reliability, and strengthen the country’s battery production infrastructure.
Dr. Moshiel Biton, CEO of Addionics, highlights the importance of this development: “The ability to manufacture cost-effective high-performance batteries at scale is the biggest challenge facing the EV industry today.” This new facility represents an effort to address the growing discrepancy between the demand for and the supply of domestically produced, affordable, high-quality batteries.
Udi Chatow, VP of Manufacturing at Addionics, notes the automotive industry’s anticipation for this advancement: “U.S. automakers are eager to bring the next wave of EVs to market at a price point to compete with gas-powered models.” The company’s Smart 3D Current Collectors™ are expected to offer improvements in energy density, power, charging speed, and battery life at lower costs.
About Addionics: Founded in 2017, Addionics specializes in Smart 3D Current Collectors™, aiming to improve the performance of batteries across various chemistries. This technology allows for an increase in production capacity and a reduction in manufacturing costs for battery manufacturers and automakers. With facilities in the U.S., Israel, the UK, and Germany, Addionics serves major OEMs and automotive manufacturers in North America and Europe.
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