Statevolt

Founded in 2022 and based in Southern California, Statevolt is an independent battery manufacturer developing North America’s largest 54 GWh facility. Utilizing sustainable local resources, they produce lithium-ion batteries for electric vehicles, industrial use, and grid storage, advancing fast-charging and solid-state technologies.

Company Location

Country:

United States

City:

Imperial Valley, California

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Company Overview

Founded in 2022 by Lars Carlstrom (founder of Italvolt) and based in Southern California, Statevolt is developing a 54 GWh battery production facility using a hyperlocal, sustainable model prioritizing local material sourcing (geothermal power and lithium), closed-loop processes, and workforce development to bolster American battery production.

Battery Technology

Statevolt specializes in lithium-ion battery cell production using a modular, technology-agnostic manufacturing approach with sustainable practices and advanced quality control. In collaboration with StoreDot, it is developing extreme fast-charging (XFC) cells enabling under 10-minute EV charging, and through UAE operations it is exploring solid-state and semi-solid state batteries for enhanced safety and extended cycle life. Its cells serve electric vehicles, industrial equipment, and grid storage, supporting renewable integration and grid stability.

Products

Modular lithium-ion battery cells for electric vehicles, industrial equipment, and grid storage, including extreme fast-charging (XFC) cells that charge in under ten minutes, and emerging solid-state and semi-solid state cells for enhanced safety and longevity.

Recent Projects

In 2024, Statevolt initiated construction of a $4 billion, 54 GWh gigafactory on 135 acres near the Salton Sea in Imperial Valley, California, to produce batteries for 650,000 EVs annually and create 2,500 jobs. The company also announced a $3.2 billion investment in Ras Al Khaimah, UAE, to build a 40 GWh semi-solid state battery gigafactory.

Investors

Information not avalable.

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