The next phase of capital investment will allow TeraWatt to fully leverage the site and building capabilities, boosting its output to reach gigawatt-hour production and meet growing customer demand while continuously enhancing productivity and production quality.
TeraWatt Technology’s vision
Decarbonizing a wider range of gasoline-powered vehicles and devices is one of humanity’s most urgent and critical challenges in achieving a sustainable future. The electrification of mobility and industrial equipment using safer, lighter, smaller, and more powerful next-generation lithium-ion batteries is crucial to this effort, as illustrated by the projected growth of the global market to $300 billion and $700 billion by 2030 and 2050, respectively.
