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Redwood Materials, a Nevada company that makes electric vehicle battery components, says it will build a $3.5 billion campus near Charleston, South Carolina. State officials say it's the largest economic development investment in South Carolina's history.
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Charlotte-based chemicals supplier Albemarle Corp. plans a $200 million lithium research center in Charlotte's University Research Park. The company says the center will create 200 jobs and support the fast-growing market for lithium and electric vehicle batteries.
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The federal climate and health care law enacted last week has provisions aimed at boosting the U.S. electric vehicle industry. North Carolina lithium mining companies say it will help their business of supplying electric vehicle makers.
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An overflow crowd packed the Kings Mountain city council chamber Monday night to hear about a Charlotte company's proposal to reopen an old lithium mine.
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Charlotte-based Albemarle Corp. is considering reopening an old lithium mine near Kings Mountain to supply electric vehicle battery makers.