Energy Dept Invests $100M in Gleb Yushin’s EV Battery Startup

SourceGeorgia Tech College of Engineering
Date Published12/13/2022
Author NameJoshua Stewart
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sila Nanotechnologies Inc.
Parent companySila Nanotechnologies Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):300
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2024
Capital investment ($):790
City reshored to:Moses Lake
State(s) reshored to:WA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, DOE award, supply chain
Government Incentive dollar amount:100
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