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28 Feb

Addionics to invest $400m in US copper foil production

Battery technology company Addionics announced Monday it plans to invest $400 million to build new factories in the US, in a bid to boost domestic electric vehicle battery manufacturing capabilities. In the first stage of the three-phase, multi-factory plan, the company seeks to construct the “world’s first” gigafactory-grade facility for 3D current collector copper foil production. With the site selection for the first factory in the final stage…
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