Samsung and Hyundai Investing in Solid-State Battery Producer

SourceIndustry Week
Date Published09/10/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Solid Power Inc
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Country(ies) from which reshored:Japan
City reshored to:Louisville
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredsolid-state batteries for electric vehicles
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), capacity, able to compete
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