Arizona and Buckeye officials had lauded the KORE Power project, which was projected to bring about 3,000 jobs to the ...

KORE Power is bailing on its plans for a $1.2 billion lithium-ion battery gigafactory in Arizona and the company’s founder ...

The company reportedly never received taxpayer funds to move forward with the project, and leadership changes are underway.

An $850 million loan from the energy department to support KORE Power's battery plant in Buckeye never came. The company has ...

KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.

In another update, the Coeur d'Alene, Idaho-based company's founder and CEO of seven years, Lindsay Gorrill, has also ...

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 ...