Company/Division name | FREYR Battery |
Parent company | FREYR Battery |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 720 |
Year reshoring announced: | 2022 |
Capital investment ($): | 2600 |
Country(ies) from which reshored: | Luxembourg |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | SemiSolid Lithium-Ion Battery |
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? | Government Incentives, Infrastructure, Lead time/Time to market, Skilled workforce availability/training |