Statevolt secures So-Cal gigafactory site

Acquires land for EV battery factory in Lithium Valley.

After months of searching for the ideal locale for a gigafactory capable of producing enough lithium-ion batteries for 650,000 electric vehicles per year, Statevolt has found a 154-acre site that can plug into the low-carbon energy and lithium being produced in the Salton Sea area of Southern California.

"We have worked hard to find a suitabl...