Battery leader pursues U.S. Li-ion plant as challenge by Japanese start-up grows
A factory dedicated to the production of advanced lithium-ion batteries will be built in the U.S. by battery specialist Saft now that funding under the American Recovery and Reinvestment Act has been approved. Saft just received a 50% cost-sharing grant from the U.S. Energy Dept. to build the $200-million facility in Jacksonville, Fla. It hopes to have the installation up and running by 2012. The City of Jacksonville and the State of Florida may also help fund the plant, which would ...
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