NanoGraf, a battery material company for lithium-ion batteries, announced plans to launch battery materials production in a new office and manufacturing facility in Chicago. The 17,000 square foot facility is located on the Near West Side adjacent to Fulton Market District at 400 N. Noble St.
The company will start production in the fourth quarter of 2023, with an expected phase 1 material production capacity of 35 tons per year, which is enough for 24 million battery cells. The company has plans to increase to 1000 tons of material production per year by 2024.
NanoGraf, which previously produced its silicon anode battery materials in Japan, made the decision to onshore its manufacturing to support the emerging US battery supply chain, specifically in the Midwest. The company plans to use the facility to continue manufacturing their proprietary silicon anode, which enables the world’s most energy-dense 18650 cell. The facility will also be at a scale of production that meets its commitments to the Department of Defense.
“It is imperative to have a robust domestic supply chain for the battery industry, and as an American company we are thrilled to help lead the way with our new Chicago manufacturing facility,” said Dr. Francis Wang, CEO of NanoGraf. “In Illinois, we’re surrounded by civic and business leaders who are united to grow the battery supply chain and manufacturing industry here, and we’re confident that with this new facility we can both drive this industry forward and bring new jobs and opportunities to Chicago.”
The announcement of the new manufacturing space comes on the heels of two major milestones for NanoGraf. In October of 2022, the company set the new industry benchmark for the most energy dense lithium-ion 18650 battery. The next-generation cell will increase the energy density of batteries by over 20%, considerably lightening the load for users. In November, the company received a $10 million grant from the U.S. Government to fund the onshore manufacturing of high-performance silicon anode materials as the first large-volume silicon oxide manufacturing facility in the U.S.
“Battery innovation in the Midwest is ramping up as the public sector implements policies that encourage its expansion here,” said Ralph Wise, Advisory Board Member of NanoGraf. “We look forward to being a key part of this growth and delivering the world’s best battery performance in electric vehicles, military applications, consumer electronics, industrial equipment, and more.”
In addition to the manufacturing facility, the new space includes 2,500 square feet to support NanoGraf’s ongoing R&D, quality assurance, and quality control efforts, along with 3,500 square feet of office space. In all, NanoGraf expects to double its current team by the end of 2023.
SC
MR
Latest Supply Chain News
- Open eBL: Transforming the electronic bill of lading with open-source innovation and industry collaboration
- GenAI’s role in advancing supply chain planning
- August retail sales are up, notes Commerce and NRF
- Will the new president of Mexico help or hinder manufacturing?
- A scheduled workforce is a stable workforce
- More News
Latest Podcast
Explore
Latest Supply Chain News
- Open eBL: Transforming the electronic bill of lading with open-source innovation and industry collaboration
- GenAI’s role in advancing supply chain planning
- August retail sales are up, notes Commerce and NRF
- Will the new president of Mexico help or hinder manufacturing?
- A scheduled workforce is a stable workforce
- 2024 Robotics Application Conference announces session, speaker lineup
- More latest news