Our Next Energy Establishes Van Buren Township, Michigan, Gigafactory
10/07/2022
The 659,589-square-foot Wayne County facility will be one of the few wholly US-owned manufacturers of both LFP and anode-free cells. The ONE Circle factory will be ONE’s first cell and EV battery pack Gigafactory.
“ONE is thrilled to select Michigan for our first cell factory, due to the state’s unique combination of battery talent, proximity to material supply and access to low-cost energy,” said Mujeeb Ijaz, founder and CEO of ONE. “We applaud the leadership of Governor Gretchen Whitmer and the MEDC team, led by Quentin Messer. In addition, our collaboration and new strategic partnerships with DTE Energy, Van Buren Township, and Wayne County have helped ONE build a strong foundation for clean tech manufacturing in Michigan.”
In support of the project, the Michigan Strategic Fund Board approved a total of $236.6 million in state support, including a $200 million Critical Industry Program performance-based grant through the Strategic Outreach and Attraction Reserve (“SOAR”) Fund and a $15 million Jobs for Michigan Investment Fund Loan. The project also received a State Essential Services Assessment Exemption valued at $21.6 million.
“Our Next Energy’s $1.6 billion investment creating 2,112 jobs in Van Buren Township will build on our economic momentum and secure the future of mobility and electrification right here in Michigan,” noted Governor Gretchen Whitmer. “This innovative, Michigan-made company is on the cutting-edge of battery technology, and the work they’re doing will increase the range of electric vehicles to over 600 miles on a single charge.”
ONE will use a newly developed cell factory model in this project with an emphasis on developing a North American raw material supply chain and a co-located material refinement strategy. The campus plans to scale to 20 GWh capacity within five years, and will include raw material refinement, cathode materials production, as well as cell and battery manufacturing.
“Michigan is, and always has been, a home to risk-takers: daring men and women who have a dream for a better future, and the grit, tenacity and creativity to make that dream a reality. The team at Our Next Energy demonstrates the very best of Michigan’s talent, having built their business from the ground up to achieve global success,” added Quentin L. Messer, Jr., CEO of the MEDC and President and Chair of the MSF Board. “We are proud to congratulate ONE on taking this exciting step and are grateful to them for choosing Michigan, where ONE started a few years ago. Through the steadfast support of our bipartisan legislative partners, the Whitmer-Gilchrist Administration and our many local partners, we are continuing to demonstrate that Michigan is a place for pure opportunity.”
ONE is a Michigan-born energy storage company focused on battery technologies that will accelerate the adoption of EVs and expand energy storage solutions. The company is paving the way for an electric future, innovating energy storage technologies that will rapidly expand the world’s ability to access sustainable power.
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