Low-voltage energy storage company Clarios has unveiled a $6 billion investment in manufacturing to increase the nation’s supply of batteries.
Who is Clarios?
Wisconsin-based Clarios already has a strong presence in the U.S. automotive market. The company claims that its low-voltage batteries are found in a third of all vehicles on the road worldwide. The company offers batteries and smart solutions for nearly all types of vehicles. The company also focuses on sustainability — specifically, Clarios says that every product it sells is recyclable and that its network recycles 8,000 batteries per hour.
Project Breakdown
Clarios operates 16 manufacturing facilities in the U.S., and its new investment looks to expand its capabilities.
A recent press release states that $2.5 billion will be spent on expanding the company’s manufacturing of low-critical mineral battery chemistries. Other parts of the $6 billion investment package will focus on boosting the development of cutting-edge energy storage technologies and recovering critical minerals for reuse.
Clarios will also spend hundreds of millions of dollars to modernize existing plants with advanced production capabilities.
American Energy Independence
Clarios says focusing on battery chemistries with lower levels of critical minerals will help reduce the country’s reliance on imports. The company believes its strategy serves as a big step toward America’s national and economic security.
According to Mark Wallace, CEO of Clarios, "Now more than ever, America must protect its critical minerals and invest in technology essential to energy independence.”
Image credit: Clarios
