Fortescue Ltd has announced its intentions to open a battery production center for vehicles and heavy industry, as well as fast chargers and electrolyzers. This collaboration is in response to the growing demand for electric vehicles.
The company plans to renovate an existing facility in Detroit, covering an area of 410,000 square feet, and begin production in 2025. The project has received support from the state government, which has approved a grant of $9 million. Additionally, Detroit offers a tax relief worth approximately $7.7 million.
If the project progresses successfully, the plant will be able to employ around 600 people.
After a period of minimal investment, international companies are returning to the United States to establish factories in the Midwest and South of the country. This is due to incentives provided by President Joe Biden’s policies, aimed at strengthening the manufacturing sector.
Led by founder Andrew Forrest, Fortescue aims to accelerate the transformation of its mining giant into the realm of green energy. The company plans to expand its business in the metals sector, which plays a crucial role in the energy transformation process.
This collaboration represents a significant step towards sustainable development and the promotion of electric vehicles in the United States.
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