Toyota, Stellantis to Build EV-Battery Factories in North America

SourceThe Wall Street Journal
Date Published10/18/2021
Author NameMcLain
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota Motor Corporation
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1750
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Capital investment ($):1290
Country(ies) from which reshored:Japan
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vehicle batteries, EV batteries
What domestic positive factors made reshoring more attractive?Other, Biden
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