Sony, Honda Jointly Making EVs for 2026 U.S. Delivery

URLhttps://www.designdevelopmenttoday.com/industries/
SourceDesign and Development Today
Date Published10/13/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sony Honda Mobility Inc.
Parent companyHonda/Sony
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Country(ies) from which reshored:Japan
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vehicle
What domestic positive factors made reshoring more attractive?Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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