Kore Power nixes plans for $1.25B battery plant in Arizona
The company reportedly never received taxpayer funds to move forward with the project and leadership changes are underway.
KORE Power never received federal loan. Now it scrubbed its $1B battery plant in Buckeye
An $850 million loan from the energy department to support KORE Power's battery plant in Buckeye never came. The company has ...
KORE Power CEO resigns, company nixes plans for $1 billion Arizona project
In another update, the Coeur d'Alene, Idaho-based company's founder and CEO of seven years, Lindsay Gorrill, has also ...
Electrek3d
KORE Power kills $1 billion Arizona EV battery factory plans
KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.
USA Today6d
KORE Power abandons planned $1B battery plant in Buckeye, cites 'restructuring'
KORE Power will not move forward with its planned $1 billion lithium-ion battery plant in Buckeye. The company cited restructuring and a focus on long-term success as reasons for abandoning the ...