NeoVolta Announces Strategic U.S. Battery Cell Supply and BESS Manufacturing Collaboration with SK On
NeoVolta’s subsidiary entered into a five-year strategic collaboration with SK On, securing 9 GWh of U.S.-manufactured LFP cell supply and establishing a framework for an additional 9 GWh of pack manufacturing activity. The agreements span from 2027 through 2031 and support the expansion of NeoVolta Power’s Pendergrass, Georgia facility, which is targeting up to 8 GWh of annual production capacity by 2028.
Key figures
- End year
- 2031
- Start year
- 2027
- Cell supply gwh
- 9
- Total activity gwh
- 18
- Pack collaboration gwh
- 9
- Target capacity 2028 gwh
- 8
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