VW Eyeing U.S. Site for Electric Pickup Trucks, Executive Says

URLhttps://www.wardsauto.com/industry-news/vw-eyeing-
SourceWARDSAUTO
Date Published08/05/2022
Author NameJoseph Szczesny
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen
Parent companyVolkswagen AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Country(ies) from which reshored:Germany
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric pickup trucks
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?Automation/technology, Labor concessions, Raw Materials Cost
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