Companies are finally investing in making EVs in the US. Here’s a running list.

URLhttps://www.protocol.com/climate/ira-ev-tax-credit
SourceProtocol.com
Date Published10/10/2022
Author NameMichelle Ma
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Factorial Energy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):45
City reshored to:Methuen
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Government Incentives, IRA
Find Reshoring Articles