Nascent Materials raises $2.3 million to advance US-based EV battery cathode production

URLhttps://chargedevs.com/newswire/nascent-materials-
Sourcechargedevs.com
Date Published07/04/2025

Additional Reshoring Information:

Company/Division name Nascent Materials
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):2.3
City reshored to:Newark
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV battery cathode
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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