“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,” says Mujeeb Ijaz, founder and CEO of ONE.

ONE’s workforce development program will begin in 2024 and will train Michigan residents for high-skilled manufacturing jobs at ONE Circle. The company will partner with Detroit-based Focus: HOPE and Walker-Miller Energy Services to train workers.

ONE will offer an average annual salary of $67,456, as well as industry-leading benefits and a comprehensive training program. Over the course of 20 years, ONE Circle is expected to generate $967 million in state taxes and more than $13 billion in new personal income.

By 2028, ONE Circle will drive down carbon emissions by 45 percent by onshoring its supply chain and integrating materials refinement with its Massachusetts-based partner, 6K Energy. The company also plans to use renewable energy for 50 percent of its power needs. ONE is also partnering with a well-known North American battery recycler to bring recycled materials back into its LFP and anode-free cells.