Arrival (ARVL) pivots business strategy again, moving Van production to US-based microfactory

URLhttps://electrek.co/2022/10/21/arrival-pivots-busi
Sourceelectrek
Date Published10/21/2022
Author NameScooter Doll
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Arrival
Parent companyArrival Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Capital investment ($):813
Country(ies) from which reshored:United Kingdom
City reshored to:Charlotte
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEV, electric van
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, the federal tax credit
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