Electric Vehicle Company Announces $11.5 Million High-voltage Battery Module Assembly Plant in North Carolina

URLhttps://www.thomasnet.com/insights/electric-vehicl
Sourcehttps://www.thomasnet.com
Date Published01/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Arrival
Parent companyArrival Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):11.5
Country(ies) from which reshored:United Kingdom
City reshored to:Charlotte
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredElectric delivery vans, electric buses
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