Company/Division name | Rad Power Bikes |
Reshoring category: | Reshoring |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Country(ies) from which reshored: | United States |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Bicycles |
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? | Manufacturing/engineering joint innovation (R&D), Access to funding |