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Mullen Automotive | 8-K: Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in Funding

Mullen Automotive | 8-K: Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in Funding

Mullen Automotive | 8-K:Mullen向美国能源部提交了更新计划,为美国电池材料加工提供拨款机会,申请5500万美元的资金
美股SEC公告 ·  2024/12/20 00:04

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Mullen Automotive has submitted an updated plan to the U.S. Department of Energy for a $55 million grant funding opportunity in domestic battery materials processing. The company plans to establish battery manufacturing operations at its Mishawaka, Indiana facility with a capacity of 108,000 battery systems (1 gigawatt-hour) annually, while designating its Fullerton, California site for R&D and solid-state prototype production.The company has already invested $12 million in battery development and manufacturing, committing an additional $43 million for U.S. production expansion. The plan includes strategic acquisitions from Romeo Power and Nikola for battery pack production. Production is scheduled to begin in mid-2025, with two additional production lines planned for launch in the following years.The initiative aligns with the DOE's $3.5 billion Bipartisan Infrastructure Law program announced in November 2023, aimed at boosting domestic advanced battery production. Mullen's Mishawaka facility, formerly a GM Hummer and AM General manufacturing site, will be revitalized to serve as the primary battery manufacturing hub, with potential expansion into 24-volt and 48-volt battery module production.
Mullen Automotive has submitted an updated plan to the U.S. Department of Energy for a $55 million grant funding opportunity in domestic battery materials processing. The company plans to establish battery manufacturing operations at its Mishawaka, Indiana facility with a capacity of 108,000 battery systems (1 gigawatt-hour) annually, while designating its Fullerton, California site for R&D and solid-state prototype production.The company has already invested $12 million in battery development and manufacturing, committing an additional $43 million for U.S. production expansion. The plan includes strategic acquisitions from Romeo Power and Nikola for battery pack production. Production is scheduled to begin in mid-2025, with two additional production lines planned for launch in the following years.The initiative aligns with the DOE's $3.5 billion Bipartisan Infrastructure Law program announced in November 2023, aimed at boosting domestic advanced battery production. Mullen's Mishawaka facility, formerly a GM Hummer and AM General manufacturing site, will be revitalized to serve as the primary battery manufacturing hub, with potential expansion into 24-volt and 48-volt battery module production.
Mullen汽车公司已向美国能源部提交了一份更新计划,申请5500万美元的国内电池材料处理补助机会。该公司计划在印第安纳州米沙瓦卡的工厂建立电池制造业务,年产能力为108,000个电池系统(1吉瓦时),同时将其加州富勒顿的地点指定为研发和固态原型生产。该公司已经在电池开发和制造上投资了1200万美元,并承诺额外投资4300万美元进行美国生产扩张。计划包括从Romeo Power和Nikola进行战略收购,以进行特斯拉-电池组生产。生产预计在2025年中开始,后续几年计划增加两条生产线。该计划与美国能源部在2023年11月宣布的35亿美元两党基础设施法案计划相一致,旨在促进国内爱文思控股电池生产。Mullen的米沙瓦卡工厂,曾是Gm Hummer和Am General的制造基地,将被复兴为主要的电池制造中心,并有可能扩展到24伏和48伏的光伏组件生产。
Mullen汽车公司已向美国能源部提交了一份更新计划,申请5500万美元的国内电池材料处理补助机会。该公司计划在印第安纳州米沙瓦卡的工厂建立电池制造业务,年产能力为108,000个电池系统(1吉瓦时),同时将其加州富勒顿的地点指定为研发和固态原型生产。该公司已经在电池开发和制造上投资了1200万美元,并承诺额外投资4300万美元进行美国生产扩张。计划包括从Romeo Power和Nikola进行战略收购,以进行特斯拉-电池组生产。生产预计在2025年中开始,后续几年计划增加两条生产线。该计划与美国能源部在2023年11月宣布的35亿美元两党基础设施法案计划相一致,旨在促进国内爱文思控股电池生产。Mullen的米沙瓦卡工厂,曾是Gm Hummer和Am General的制造基地,将被复兴为主要的电池制造中心,并有可能扩展到24伏和48伏的光伏组件生产。
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