EAM & Phillips 66 Team Up to Boost U.S. EV Battery Supply Chain
Epsilon Advanced Materials (EAM) and Phillips 66 have joined forces to bolster the U.S. electric vehicle (EV) and energy storage system (ESS) battery supply chain. The alliance will see Phillips 66 supply key materials for EAM's new graphite active anode material facility in North Carolina, which is set to begin operations in 2027.
The North Carolina plant, once fully operational, is expected to produce enough graphite active anode material to power approximately one million electric vehicles annually. Initially planned for 30,000 tonnes, the facility aims to expand to 60,000 tonnes by 2030.
Phillips 66 will provide Green and Calcined Needle Coke from its Lake Charles, Louisiana refinery. This strategic partnership, as noted by Vikram Handa, Managing Director of Epsilon Advanced Materials, is a significant step towards creating a secure and sustainable battery materials supply chain for the U.S.
The collaboration between EAM and Phillips 66 is set to strengthen the U.S. EV and ESS battery supply chain. The North Carolina facility, once operational, will significantly contribute to the nation's electric vehicle production, with plans to expand its capacity in the coming years.
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