Anovion Technologies to build $800M synthetic graphite anode materials plant in Georgia

SourceGreen Car Congress
Date Published05/18/2023

Additional Reshoring Information:

Company/Division name Anovion Tecnologies
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Capital investment ($):800
State(s) reshored to:GA
If relevant, work nearshored to:-
Product(s) reshoredpremium synthetic graphite anode
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:$117 million from the US Department of Energy
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