Zinc battery storage maker Eos gets US$25m deal to finance equipment

URLhttps://www.energy-storage.news/zinc-battery-stora
SourceEnergy Storage News
Date Published10/06/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Eos Energy Enterprises
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Year reshoring announced:2021
Domestically, the work will be done:In-house
City reshored to:Pittsburgh
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredZnyth batteries, zinc-based battery storage
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market, Other, import replacement
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