03
May
16:50
Chinese company invests $140m in US separator factory
Green New Energy Materials (GNEM) has announced a $140 million investment to build a lithium-ion battery separator manufacturing facility in Denver, North Carolina.
Established in 2023, the Chinese company specialises in R&D, manufacturing, and sales of battery components for the lithium-ion battery industry. Its customers include LG, Samsung, SKI, AESC and Northvolt, Kallanish notes.
GNEM’s new facility in Lincoln County will be its first in the …
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