Established in May 2004 with an initial investment of $15 million, two facilities located in close proximity provide over 100,000-square-feet of manufacturing space for U-Charge® and employ over 400 people.
ISO 9001 Certified manufacturing facilities ensures optimum quality in materials and products. VET deploys SPC methods of manufacturing and is currently working towards TS16949 accreditation.
To meet growing demand, VET completed an extensive capacity expansion program during 2008. The company invested $4 million in upgrading facilities to enable a ramp-up capacity to 100+ metric tones of cathode material per month and approximately 20 mega watt hours per month of U-Charge® battery modules.
Investments include state of the art furnaces, welding stations wet ball mill and spray dryers allowing scalable powder and pack processes to meet increasing demand. Currently, VET is developing product lines including new battery module formats and solutions such as custom trays.