Called KORE Power Inc., the Coeur d’Alene, Idaho-based battery cell developer was aiming to build what it said would be the first lithium-ion battery factory owned by an American company to support ...

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

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

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

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

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

KORE Power's 215-acre property is now up for sale for an estimated $75 million. In the summer of 2023, KORE Power received a conditional commitment for an $850 million loan from the U.S ...

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 ...