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Phoenix & Southwest  + Arizona  + Industrial  | 

Battery Maker to Build $1.25 Billion Factory in Buckeye

KORE Power will break ground this fall on KOREPlex, a two million square-foot manufacturing plant. The company paid $29 million for the 214-acre site, about 40 miles west of Phoenix.

The factory will be able to produce 12 gigawatts per hour (GWH) of lithium-ion battery cells each year. The output from the batteries would be enough to power 3.2 million homes each year. The company also announced that it will be a a net-zero gigafactory, through its on-site use of solar and battery energy storage.

KORE’s CEO Lindsay Gorrill says everything now is in place and the company is…”on track to provide U.S.-made lithium-ion cells to EV and storage solution providers.”  KORE has a supply agreement with nearby Zero Electric Vehicles, Inc. (ZEV) that ensures the availability of KORE’s certified e-mobility battery modules through 2030 to be used in ZEV’s electric powertrain kits.

The KORE factory will be operational in 2024. Yates Construction is the lead contractor.


Inside The Story

Lindsay Gorrill

About Mike Boyd

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