Best in Texas™: Powering Future Austin: $40M EV Battery Recycling Facility Coming to Taylor by ALEX.realestate

by swpre-chime-me

ALEX just reviewed Connect CRE‘s article”Battery Business Picks Taylor for $40M Facility.” Here are the key facts:

Moment Energy Inc. has secured a $20 million grant from the U.S. Department of Energy to help bring a $40 million, state-of-the-art facility to repurpose used EV batteries.

The plant will be in Taylor just 35 miles northeast of Austin.

This exciting project is set to break ground in early 2025, aiming to open its doors in 2026 with an initial 100,000 square feet and plans to expand to 200,000 square feet within three to five years.

The Taylor facility will offer a significant boost to the local economy, creating 50 construction jobs and, at full buildout, up to 200 permanent positions. Around 75% of these roles will be for skilled manufacturing technicians and production workers, while 25% will include opportunities in engineering, business development, and supply chain.

Once fully operational, the facility is expected to produce an impressive 1 gigawatt-hour of battery power annually—enough energy to power over 100,000 homes for a day, making a strong impact on the energy landscape and supporting clean technology in the heart of Texas.

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