Driven by market demand
Government policies, consumer trends, continued technological advancement, demand for qualified anode and cathode material and services that NOVONIX provides, and the shift toward electrification are fueling NAM’s growth. To meet increasing customer demand, the Company has disclosed plans to build a new facility in Chattanooga, Tennessee, which could expand up to 75,000 tpa of production capacity.
- Signed binding offtake agreements to supply high-performance synthetic graphite to Panasonic Energy, Stellantis, and PowerCo, allocating all the volume to be produced at our Riverside facility
- Demand is also growing among NAM’s customers for battery testing services, giving us unparalleled visibility across the battery supply chain.
- Private and public investment, favorable public policies, the societal shift toward electrification and booming demand for clean, domestic battery materials strategically position NOVONIX Anode Materials for continued growth.
- Government policies, consumer trends, continued technological advancement, demand for qualified anode and cathode material and services that NOVONIX provides, and the shift toward electrification are fueling NAM’s growth.
- As the global economy electrifies, demand for localized, high-quality, durable materials is outpacing projected supply.
- Global EV penetration forecasted to be over 30% by 2031.
Contact us
We’re providing revolutionary clean energy solutions to the battery industry. Discover how we can help you by contacting us today.