ENTEK Lithium Separators Receives Conditional Commitment from DOE for Indiana EV Battery Separator Manufacturing Plant
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- ENTEK has received a conditional commitment of up to $1.2 billion from the U.S. Department of Energy to finance its new lithium-ion battery separator manufacturing facility in Terre Haute, Indiana. - The project is expected to create 763 construction jobs and 635 operational jobs, focusing on local labor and partnerships with educational institutions and community organizations. - This facility will strengthen the U.S. lithium-ion battery supply chain, supporting up to 1.9 million mid-size EVs or 1.3 million eSUVs and complying with domestic content rules under the 30D Clean Vehicle Credit. - The project aligns with President Biden's agenda to boost domestic manufacturing of clean energy technologies and aims to contribute to a sustainable transportation system with zero-emission vehicles by 2030.