BOLIVIA, N.C. - Friday, 27. October 2023

First and largest investment from an Indian company in the U.S. electric vehicle market, poised to power 1.10 million EV vehicles by 2030
New Manufacturing Plant to create approximately 500 jobs in the Wilmington area
Groundbreaking slated for 2024, operations to begin in 2026
 

(BUSINESS WIRE) -- Epsilon Advanced Materials (EAM), India’s leading battery materials company, announced today, alongside N.C. Governor Roy Cooper at Brunswick County Community College, plans to build a $650 million graphite anode manufacturing facility in Brunswick County of North Carolina. The facility is the first and largest Indian investment in the U.S. electric vehicle (EV) battery industry.

“We’re proud to have North Carolina at the focal point of our U.S. manufacturing strategy. With its favorable geographical location, business supportive policies and availability of a skilled talent poo ... Read more »