Media Watch - NVX related, page-4435

Novonix preparing to pave the way for the electric industry in Chattanooga


https://www.wdef.com/novonix-preparing-to-pave-the-way-for-the-electric-industry-in-chattanooga/

Novonix will help manufacture the materials used in the batteries that will supply the batteries for electric vehicles- some of which are built right here in our area.

“We are entering a transformational time here. This is the electrification of everything decade. It’s really starting with vehicle adoption and now a lot of companies committmenting to that transformation. We will start to see a lot more of grid renewable energy generations and the associated energy storage that’s needed with it. This is the under paving technology for the future,” says Dr. Burns.

NOVONIX plans to start production in early 2022 at the former Alstom Building.

The company’s technology accelerates research and development from years to weeks. Its material is used in lithium batteries in everything from smartphones to electric vehicles. Soon, NOVONIX will be producing premium synthetic graphite at the Chattanooga facility, with a goal of 10,000 tonnes per year by 2023 and 40,000 tonnes by 2025.