TUCSON, AZ – American Battery Factory (ABF), an emerging battery manufacturer leading the development of the first network of lithium iron phosphate (LFP) battery cell gigafactories in the United States, broke ground today on a two million square foot plant located in Tucson, Arizona.
The plant will generate about 1,000 jobs, a US$1.2 billion capital investment and a US$3.1 billion economic impact in the state, while accelerating the growth of the clean energy economy nationwide.
The first phase of construction is expected to be completed in 2025. The plant will utilize the region’s high-capacity border and transportation infrastructure to ship battery cells to nearby markets.
Gov. Katie Hobbs, ABF CEO Jim Ge and ABF President John Kem joined dignitaries and partners in attendance to offer remarks focused on the region’s and state’s clean energy future.
“The groundbreaking represents an important milestone for Arizona’s battery industry,” said Governor Hobbs. “With this transformative investment, American Battery Factory advances Arizona’s clean energy industry and bolsters continued economic growth in Tucson and Pima County. I want to thank Jim Ge, John Kem and the entire American Battery Factory team for their commitment to Arizona and all of the partners for their continued support in making this project possible.”
“We are honored to continue our company’s mission of achieving global energy independence in Arizona, a premier destination for emerging technologies,” said John Kem, President of American Battery Factory. “We are pleased to join this thriving region and call Tucson home, and look forward to enhancing Pima County’s already growing economy by fostering innovation, as well as attracting and retaining residents in Tucson.”
ABF enters the market at a historic inflection point, as the global lithium battery market is expected to reach $105 billion by 2025 and demand is expected to increase 10-fold over the next decade. The company’s battery cells are made from lithium iron phosphate (LFP) chemistry, which means the production of the safest, longest-lasting, most reliable and environmentally friendly batteries available today. With these batteries, ABF plans to transform the current paradigm of single-source energy, opening the window to using software and technology to store an unlimited inventory of clean energy from sources such as solar and wind for use, while taking pressure off existing power grids.
ABF’s Tucson gigafactory, located on 267 acres on Pima County’s famed Aerospace Research Campus, will be the birthplace of energy storage innovation, with opportunities for new technology development. Using rapid modular construction, the company plans to have the headquarters, R&D center and initial factory module built by 2025. Using state-of-the-art construction technology, the building will greatly limit on-site waste, be airtight and ensure the protection of battery cells during production.