Volvo to Build Heavy-Duty EV Charging Network in U.S.

SourceDesign Development Today.
Date Published07/14/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volvo Trucks North America
Parent companyVolvo
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Country(ies) from which reshored:Sweden
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredheavy-duty EV charging network
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, California Energy Commission
Government Incentive dollar amount:$2 million
Find Reshoring Articles