Natron to build $1.4 billion sodium-ion battery gigafactory in North Carolina

Natron Energy has announced plans to build the first sodium-ion battery gigafactory in North Carolina, marking a $1.4 billion investment. The facility will be located on a 437-acre site at the Kingsboro megasite in Edgecombe County and will span approximately 1.2 million square feet. The gigafactory is set to produce 24 gigawatts (GW) of sodium-ion batteries annually, significantly expanding Natron Energy’s current production capacity by 40 times. The batteries, noted for being the only UL-listed…