ABF Breaks Ground for Its New Factory in Tucson, Arizona
American Battery Factory Breaks Ground for Its Giga Factory in Tucson, Arizona

Industry News

American Battery Factory Breaks Ground for Its Giga Factory in Tucson, Arizona

Updated on Jan 08, 2024, 05:00 AM IST
Written by Anandu Manoj

ABF (American Battery Factory) an emerging battery manufacturing company broke ground for its two million square foot giga battery manufacturing factory, In Tucson, Arizona. The total capital investment of the project is around USD 1.2 billion and it is estimated to provide over 1000 jobs. The first phase of construction is expected to be completed by 2025.

 

ABF enters the market at a historic inflection point where the global market is expected to reach USD 105 Billion by 2025 the demand is set to increase 10 times in the next decade. The batteries are developed using LFP (Lithium iron phosphate) chemistry, meaning the production of the safest and longest-lasting batteries. 

 

The project is located on 267 acres in Pima County’s renowned Aerospace Research Campus close to world-class companies such as Raytheon. At ABF’s Tucson gigafactory, the company plans to have its headquarters, and R&D center built during the initial phase. The company president John Kem stated that the company continues to strive towards global energy independence in Arizona.

 

About American Battery Factory

 

American Battery Factory is an LFP battery cell manufacturer and is developing the first-ever network of safe LFP cell giga-factories in the United States. The company is dedicated to making energy independence and clean energy a reality for the United States by creating a domestic battery supply chain. Along with creating domestic manufacturing jobs. ABF plays a crucial role in meeting federal and state government initiatives.

 

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