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Natron Energy’s $1.4B N.C. battery plant on hold amid cash crunch

Summary by The News & Observer
A year after promising 1,000 jobs and the world’s first sodium-ion battery gigafactory in Edgecombe County, California-based Natron Energy has paused construction due to liquidity issues. The company is seeking capital and UL certification to unlock revenue, while state incentives remain unused pending progress.

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The News & ObserverThe News & Observer
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Natron Energy’s $1.4B N.C. battery plant on hold amid cash crunch

A year after promising 1,000 jobs and the world’s first sodium-ion battery gigafactory in Edgecombe County, California-based Natron Energy has paused construction due to liquidity issues. The company is seeking capital and UL certification to unlock revenue, while state incentives remain unused pending progress.

·United States
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The News & Observer broke the news in United States on Sunday, July 20, 2025.
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