New company Statevolt plans $4B 54GWh gigafactory in Imperial Valley; local lithium and geothermal from Hell’s Kitchen

Green Car Congress
By mmillikinApr 20, 2022, 10:00 am500 ptsHot
Lars Carlstrom, the founder-CEO of Italvolt, announced the launch of a new company, Statevolt, which will construct a 54GWh Gigafactory in Imperial Valley, southern California with an expected CapEx of $4 billion. To launch the new facility, Statevolt has also signed a Letter of Intent (LOI) with Controlled…

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