Addionics sets sights on $400M investment into U.S. next-gen battery factories

URLhttps://www.calcalistech.com/ctechnews/article/ry2
SourceCTech
Date Published02/24/2024

Additional Reshoring Information:

Company/Division name Addionics
Parent companyAddionics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2027
Capital investment ($):400
Country(ies) from which reshored:Israel
City reshored to:upcoming
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredgenerate 3D copper foils for EV batteries
What domestic positive factors made reshoring more attractive?Image/brand, Proximity to customers/market
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