NOVONIX is advancing plans for a new production facility in the southeastern U.S. with an initial capacity of 30,000 tonnes per annum, aiming to expand to 75,000 tpa. The company is in discussions for a loan from the DOE's Loan Programs Office to support this initiative, which is part of a broader effort to enhance the domestic EV supply chain and reduce reliance on foreign graphite sources. The Chattanooga facility is set to produce 20,000 tonnes of synthetic graphite annually, with significant agreements already in place with major stakeholders like Panasonic and Stellantis.
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