−Removed: Our principal business location is in Boston, MA, which is subject to a written lease agreement with an unrelated third party.
−Removed: We have no other offices.
−Removed: Our operating facilities are located in Boston, MA and Shanghai, People’s Republic of China.
−Removed: Both properties are leased, with the Boston lease and the Shanghai lease each expiring in 2026.
−Removed: Our Boston facility focuses on chemistry, materials and algorithm research and development, as well as engaging with OEMs worldwide, including GM, Hyundai and Honda.
−Removed: Our Shanghai facility focuses on supply chain development, manufacturing process development, cell product development, software, BMS and module development.
−Removed: We are building our 1 GWh Pilot Facility in China for the development of pre-commercial-production
−Removed: battery cells, which we expect to be completed in 2023.
−Removed: We have also set up an office in Seoul, South Korea focused on supply chain, customer relations and our collaboration with partners in the region.
−Removed: As our joint development of Li-Metal
−Removed: batteries with certain U.S.
−Removed: and South Korean OEMs continues to progress, we also expect to launch future research facilities and, eventually, commercial production manufacturing facilities, in the United States and South Korea.
+Added: We have leased facilities located in Woburn, Massachusetts in the United States, Shanghai, China, and Chungju and Seoul, South Korea.
+Added: Our Woburn facility, which also serves as the Company’s headquarters, focuses on chemistry, material and algorithm research and development, as well as engaging with our OEM and strategic partners.
+Added: Our Shanghai facility focuses on supply chain development, manufacturing process development, battery cell development and production, AI software, BMS and module development.
+Added: Our Chungju facility focuses on manufacturing process development and battery cell product development.
+Added: We have also set up an office in Seoul focused on supply chain, customer relations and our collaboration with partners in the region.
+Added: Legal Proceedings
+Added: The information required by this Item is provided under “Legal Contingencies” in Note 14 to the consolidated financial statements included in Item 8 of this Form 10-K and is incorporated herein by reference.
+Added: Mine Safety Disclosures
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.