Biden-Harris Administration’s Tech Hubs Program Awards Approximately $21 Million to Nevada Tech Hub to Strengthen the Region’s Capacity as a Global Leader in Lithium Batteries and Electric Vehicle Materials

URLhttps://www.eda.gov/news/press-release/2024/07/02/
Sourceeda.gov
Date Published07/01/2024

Additional Reshoring Information:

Company/Division name Nevada Tech Hub
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):21
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Nonmetallic Mineral Products
Product(s) reshoredLithium Batteries and Electric Vehicle Materials
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:$21 million
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