Monday, March 4, 2024

Battery Startup Opens Chicago Plant as US Curbs China Reliance (2)

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A startup specializing in high-performance batteries is close to starting operations at a facility near Chicago’s central business district that will help power devices such as night-vision headsets and radios for the US military.

NanoGraf-bsp-bb-link>received $10 million in funding from the US government to build what the company says is the Midwest’s first large-volume facility to produce silicon oxide — an important ingredient for a new kind of longer-lasting battery that can be used in electric vehicles and medical devices. It’s part of a wave-bsp-bb-link> of investment in US capacity to make more lithium-ion batteries at home as the country looks to compete with China, which controls large swaths …

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