Company/Division name | FREYR Battery |
Parent company | FREYR Battery |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Capital investment ($): | 1700 |
Country(ies) from which reshored: | Norway |
City reshored to: | Atlanta |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | EV batteries |
What domestic positive factors made reshoring more attractive? | Government Incentives, President Joe Biden |
Government Incentive dollar amount: | IRA provides up to $45 in tax credit |