The Electric: A Stellantis Contract With a Startup Shows Rare Confidence in EVs

Novonix's new graphite factory in Chattanooga, Tenn. Photo: Courtesy Novonix.

In a rare sign of confidence in the future of electric vehicles under President-elect Donald Trump, Stellantis has agreed to buy a six-year supply of battery-grade graphite from a new Chattanooga, Tenn., plant, enough to make roughly 300,000 EVs.