American Battery Begins Construction of Arizona Battery Factory
TUCSON, AZ—American Battery Factory (ABF) has begun construction of a new 2 million-square-foot headquarters and factory here to produce lithium-iron phosphate (LFP) batteries.
The factory, which represents a capital investment of $1.2 billion, is expected to employ 1,000 people. The first phase of construction is expected to be completed by 2025.