According to foreign media reports, the U.S. government is preparing to provide a US$1.
2 billion loan to battery module manufacturer Entek Lithium Separators to help expand the U.S. supply chain of lithium batteries for electric vehicles.
The U.S. Department of Energy announced on July 9 that Entek has received a conditional loan from the Department of Energy to pay for a new production plant in western Indianapolis, which will mainly produce lithium battery separators for electric vehicles.
The loan is consistent with the White House’s broader goal of expanding the United States ‘domestic clean energy supply chain.
, Photo source: Entek,Entek’s business is the production of lithium battery separators, a thin film sandwiched between a battery anode and cathode.
The agency said that when Entek’s plant in Terre Haute, Ind.
is completed, it will produce 1.
72 billion square meters of membrane material per year, enough to use approximately 1.
9 million mid-size electric vehicles.
Jigar Shah, director of the U.S. Department of Energy’s Office of Loan Programs, said: “With this loan, we have a clear path to have enough operating and planned capacity to achieve the president’s goal of reaching 50% of sales of electric vehicles and plug-in hybrids by 2030.
“, Separators made at Entek’s new factory will help U.S. battery makers receive electric vehicle tax credits under the Inflation Reduction Act (IRA) signed by Biden.
The U.S. Department of Energy estimates that by 2030, the North American electric vehicle lithium battery industry will need an annual output of 7 billion to 10 billion square meters of separators.
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