Novonix stock surges with synthetic graphite milestone
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The #EVEvolution continues in Tennessee. NOVONIX is investing $160 million into a new facility in Chattanooga to address the need for a US-based lithium-ion battery supply chain. The plant will produce up to 10,000 tons per year of synthetic graphite, which is used in ultra-long-life, high-performance anode material for electric vehicle and power grid storage batteries. This investment will create nearly 300 jobs and a positive, lasting impact on the Chattanooga community and Tennessee’s economy
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The #EVEvolution continues in Tennessee. NOVONIX is investing …
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WATCH: The NOVONIX facility in downtown Chattanooga is set to be the first large-scale synthetic graphite production plant in North America. But soon, it won't be the only location in the area, with the company making plans to expand near Enterprise South. While the company says they've made major environmental efforts, some residents say building a plant by the nature park would ruin it. More: https://bit.ly/4i4MGai | WTVC-TV NewsChannel 9 News
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