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 ...

Called KORE Power Inc., the Coeur d’Alene, Idaho-based battery cell developer was aiming to build what it said would be the ...

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

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

As excitement built for green tech in the U.S. over the past decade, a multitude of projects popped up to take advantage of the government's mission to accelerate the industry, including KORE ...

In the summer of 2023, KORE Power received a conditional commitment for an $850 million loan from the U.S. Department of Energy to help build the company’s massive battery plant in Buckeye.