DOE to Provide $42 Million in Funding to Advance EV Battery Technology

URLhttps://www.thomasnet.com/insights/doe-to-provide-
SourceThomas.net
Date Published01/31/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Solid Power
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):5.6
City reshored to:Louisville
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredsulfur composite battery cathode
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:5.6 million
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