EAM's $650M Power Play: North Carolina's EV Scene Gets a Mega Boost
By Karmactive Staff
Epsilon Advanced Materials (EAM) charges up the U.S. electric vehicle scene with a $650 million investment in North Carolina.
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Hailing from India, EAM is laying the groundwork for a graphite anode manufacturing hub in Brunswick County.
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The goal is to juice up over a million EVs by 2030.
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Vikram Handa, EAM's Managing Director, highlights North Carolina's favorable location, policies, and talent pool.
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EAM has previously committed $1.1 billion to an anode battery facility in India.
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Governor Cooper welcomes Epsilon's initiative, emphasizing the positive impact on the local community.
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EAM's CEO, Sunit Kapur, addresses the auto industry's supply chain issues and EAM's solution.
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The facility in Brunswick County promises green tech and top-notch anode materials for EV batteries.
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EAM's mission resonates with pushing the global battery sector towards cleaner, greener energy.
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