Stellantis and Novonix battery graphite deal

URLhttps://evsandbeyond.co.nz/stellantis-and-novonix-
SourceEVs & Beyond
Date Published11/11/2024

Additional Reshoring Information:

Company/Division name Novonix
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):100
Country(ies) from which reshored:Australia
City reshored to:Chatanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Nonmetallic Mineral Products
Product(s) reshoredgraphite for batteries
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$203 million (DoE and MESC)
Find Reshoring Articles