Italvolt CEO plans 54 GWh Gigafactory in Southern California

Lars Carlstrom, the founder of Britishvolt and founder-CEO of Italian battery manufacturer Italvolt, announced plans for a new $4 billion battery Gigafactory in Imperial Valley, Southern California. Carlstrom has formed a new company, Statevolt, that will build the 54-gigawatt-hours (GWh) facility, serving around 650,000 electric vehicles a year at full capacity. To launch the new […]