EnerSys scales down SC lithium plant to 1 GWh, pivots to defense, secures $150M DOE grant

Filed July 23, 2026 · Period ending July 23, 2026 · ~1 min read

Key Changes

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  Reduced planned South Carolina lithium-ion facility capacity to 1 GWh from originally announced 4-5 GWh, with materially smaller footprint, to focus on aerospace, defense, and specialized industrial applications requiring secure supply chains.

  Item 8.01 — Other Events verify on EDGAR →
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  Secured revised DOE grant of ~$150M (subject to final documentation) plus up to $200M in state/local incentives; total net investment estimated at ~$500M, to be funded via government support and operating cash flow.

  Item 8.01 — Other Events verify on EDGAR →
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  Ending technology partnership with Verkor SAS for the gigafactory project; will instead leverage established technology partnership within existing aerospace and defense supply base.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →