A maker of electric vehicle battery materials in Chattanooga has signed an agreement to supply Big 3 automaker Stellantis as the car company ramps up its EV efforts.
Novonix, which plans the first large-scale production of high-quality synthetic graphite in Chattanooga in 2025, agreed to provide Stellantis with up to 115,000 tons of the material from 2026 to 2031, a news release said.
“We are excited to have Stellantis’ commitment, now as our largest customer, to support their North American EV growth plans,” Chris Burns, Novonix’s chief executive, said in a statement Monday.
The material will be provided to Stellantis’ cell manufacturing partners in North America from Novonix’s Riverfront Parkway facility and a planned expansion site, the supplier said.
(READ MORE: Novonix expects to double initial production)
