GM’s Battery Strategy: Finishing Plants, Firming up Suppliers and Keeping Those Engineers Busy

URLhttps://www.industryweek.com/leadership/strategic-
SourceIndustry Week
Date Published07/26/2022
Author NameLaura Putre
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ultium Cells
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
City reshored to:Youngstown
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery for electric vehicle
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Other, $2.5 billion conditional loan from the U.S. Depart
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