Michigan-based advanced battery technology company Energy Power Systems, LLC (EPS) is establishing a high-volume manufacturing facility in Pontiac, Michigan, USA.
The initial annual production capacity will be 500 MWh, the equivalent of 500,000 start/stop vehicle batteries.
The plant is expected to create more than 300 new high-tech and manufacturing jobs during the initial production phase. It is expected to begin commercial scale production in early 2016.
The new facility will produce high-performance, low-cost and long-life batteries based upon EPS proprietary technology for use in fuel efficient start/stop and micro-hybrid vehicles; utility-scale distributed energy storage; renewable energy integration; and fast-charging infrastructure for electric propulsion vehicles.
“The EPS team has successfully completed the product development phase and we are now launching the commercialization phase,” said Subhash Dhar, Founder, Chairman and CEO of EPS.
He added: “This major milestone is a testament to the proven performance attributes of our PLM™ technology, which offers a superior value proposition for our customers’ applications.”
The company is leasing 150,000 square feet of the former General Motors Pontiac Centerpoint Central building from Industrial Realty Group (IRG), which purchased the property from RACER Trust.
The property had been vacant since 2008.