Battery startup Pure Lithium will relocate from Boston to Chicago and invest $46 million to expand in the city’s growing tech hub, the company announced on Thursday.
The maker of lithium metal batteries will launch in Fulton Market this fall and create at least 50 new jobs. As part of its Chicago move, Pure Lithium plans to eventually produce batteries used for consumer electronics, electric vehicles, drones, grid-scale energy storage and defense technology.
“I am excited to welcome the team at Pure Lithium to our state, where they’ll be an excellent addition to the business landscape and burgeoning clean energy ecosystem,” Gov. JB Pritzker said in a news release. “Their investment will not only create jobs and economic opportunity for our people but help power the green revolution right here in…
