Designed and Built in California, EverCharge Opens Hayward Factory to Meet Growing Demand and Further Ongoing Commitment to U.S.-Based Production

URLhttps://www.businesswire.com/news/home/20221207005
SourceBusinesswire
Date Published12/07/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name EverCharge
Parent companySK E&S Co., Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Country(ies) from which reshored:Korea, Republic of
City reshored to:Hayward
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredturnkey electric vehicle (EV) charging solutions
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?Infrastructure, Lead time/Time to market, Skilled workforce availability/training
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