To keep lithium ion batteries affordable, an industry perfects recycling

URLhttps://www.autonews.com/mobility-report/keep-lith
Sourcehttps://www.autonews.com
Date Published03/31/2022
Author NameDavid Kennedy
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Li-Cycle Corp.
Parent companyLi-Cycle Holdings Corp
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:Canada
City reshored to:Rochester
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, battery recycling
Product(s) reshoredrecycling of lithium ion batteries
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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