Phillips 66 taking 16% stake in synthetic graphite supplier NOVONIX; building US-based battery supply chain
Green Car Congress
AUGUST 10, 2021
NOVONIX’s anode materials business is based in Chattanooga, Tennessee, where it is increasing capacity to produce 10,000 metric tons per year of synthetic graphite by 2023. The investment supports the development of a fully domestic supply chain for sales into the US electric vehicle and energy storage system markets.
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