CEO discusses bringing operations back to US and competition with China
Fox Business’ Jeff Flock speaks to the executive director of Eos Energy Joe Mastranran from returning to America and shows the company’s battery production line.
The CEO of EOS Energy has discussed the Battery Company, which returns to us a few years ago and competes with China. Fox Business’ Jeff FlockA number
In 2018, Eos Energy brought the United States to the United States.
“We have not only introduced this product to the United States, but we can always build it in the United States, and we have proved that the smell asks about the company’s production and competing. “We can still build things in the US”
LDES systems that EOS energy production are galvanized.
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“It is mainly a water-based electrolyte, so it is not a failure battery,” Mastanzelo explained.
“What you see here moving in the line, the battery comes out of line every 10 seconds,” said the smell. “This product is safe, it’s simple. Everything is a major product used in other industries. There are no rare batteries.
He explained EOS energy batteries retention “When there is unnecessary supply” and “Deliver it on the network” when demand “goes online”.
The battery manufacturer has taken cases to the area when it moved its production to the United States, and since then it has expanded its labor.
“(In) In 2019, we had two people,” he said. “Today we have 500 people here in the structure of building structure.”
Nearly 41% of global capacity came from pure energy last year
During the interview, he repeated that innovation could help manufacturers in the United States With ChinaA number
“We can invent in the US,” Mastranjello said. “And then you go out and you train workforce.
In early December, the company landed on a loan department worth more than $ 303 million. This loan will help to expand the capacity of EOS to $ 2027 to meet the growing demand for longer lasting battery energy systems, “the company said.
Department of Energy Center in Washington, DC (J. DAVID AKE / GETTY Images / Getty Images)
Loan funds will enable EOS energy More production lines According to the company, in his tortoise Creek factory.
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Later, in December, the company said that her site is looking for another battery factory. The search for that location will “focus on the areas with strong infrastructure of customers, which is in line with clean energy innovations and American production values.”
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