Company/Division name | Volkswagen |
Parent company | Volkswagen |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 5000 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Country(ies) from which reshored: | Germany |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Electric Car Batteries |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Proximity to customers/market |