AM Batteries advances OEM battery manufacturing with $50 million DOE funding

AM Batteries is a core subrecipient of a $50 million award from the U.S. Department of Energy’s Manufacturing Deployment Office to support domestic battery manufacturing using dry‑electrode technology. The project, led by Coreshell Technologies, will build about 2 gigawatt‑hours of electrode manufacturing capacity and 1.5 gigawatt‑hours of cell assembly capacity in the United States. The initiative is expected to create more than 100 jobs across production, technical and administrative roles.

AM Batteries is contributing its dry‑coating process for cathode manufacturing, which eliminates solvent‑based wet coating and solvent‑recovery systems. The company says combining its Powder to Electrode platform with advanced material integration reduces capital and operating costs while enabling higher‑performance, lower‑cost cells for electric vehicle and defense applications.

“This project is about proving that a 100% domestically produced high‑performance battery cell can be cost‑competitive with mass‑market cells from Asia,” said Hieu Duong, CTO of AM Batteries. “By combining AMB’s platform with Coreshell’s MGS anode technology, we can lower cost, improve performance, and help build a globally competitive battery industry in the West.”

AM Batteries says its dry‑electrode process removes wet‑slurry casting, large drying ovens and toxic solvents, reducing electrode manufacturing capital costs by up to 40 per cent and operating costs by more than 50 per cent while lowering the carbon footprint of battery plants.