We have leased facilities located in Woburn, Massachusetts in the United States, in the vicinity of Woburn, Massachusetts, Shanghai, China, and Chungju and Seoul, South Korea.
−Removed: 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.
−Removed: We also leased a facility near our Woburn facility for an electrolyte foundry, which we started using in January 2024.
−Removed: This facility will focus on novel electrolyte molecule discovery and synthetic pathway development.
−Removed: Our Shanghai facility focuses on supply chain development, manufacturing process development, battery cell development and production, AI software, BMS and module development.
−Removed: Our Chungju facility focuses on manufacturing process development and battery cell product development.
−Removed: We have also set up an office in Seoul focused on supply chain, customer relations and our collaboration with partners in the region.
−Removed: For more information, see “Leases” in Note 12 to the consolidated financial statements included in Item 8 of this Form 10-K.
+Added: For more information, see “Part I, Item 1.
+Added: Business—Our Facilities,” as well as “Leases” in Note 12 to the consolidated financial statements included in Item 8 of this Form 10-K.
Legal Proceedings
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