Quallion to build lithium ion battery manufacturing facility in California

9 July 2009

Quallion, a developer of lithium ion batteries, has selected California as the location for its new battery manufacturing plant.

The new plant will produce zero emission advanced lithium ion batteries for automobiles as well as batteries that replace engine idling as a stationary power source for heavy duty trucks.

More than $10.6m in incentives have been offered to Quallion by the City of Palmdale for the development of its new facility. Proposed incentives include tax credits, fee waivers and the sale of 9.65 acres of land in the Fairway Business Park for the price of $1.

This development follows news that California’s Congressional Delegation and the California Energy Commission’s will provide up to $9m in cost sharing for Quallion’s new manufacturing facility if the company receives a funding award from the US Department of Energy.

‘We are continuing to move aggressively at the local level as we await a decision from the DOE in anticipation of a positive outcome,’ said Paul Beach, Quallion president. ‘Our latest efforts have led to securing approximately $20m from the City of Palmdale and the California Energy Commission to make this new facility a reality. We have game changing technology at hand and this plant can create as many as 400 jobs in California immediately, with even more jobs possible in the near future. Bringing this project to fruition will have a dramatic impact on the local and state-wide economy, and we’re very excited about this prospect.’

If its DOE and California Energy Commission bids are granted, Quallion will begin construction of its new lithium ion battery manufacturing facility immediately and hopes to have it completed in 2012.

Copyright © 2009 NewNet

Tags: energy storage, lithium ion battery

This story was published on Thursday, July 9th, 2009 at 9:31 am and is filed under North America, companies, energy storage. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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