USABC awards 24M $3.8M contract to support the development of low-cost, fast-charging Li-metal batteries

SourceGreen Car Congress
Date Published04/15/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name 24M Technologies, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Capital investment ($):3.8
City reshored to:Cambridge
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredfast-charging EV battery
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, United States Advanced Battery Consortium LLC (USA
Find Reshoring Articles