Honda Tempers 'Out of Whack' Expectations for EV Demand in U.S.

SourceBloomberg News
Date Published01/13/2022
Author NameChester Dawson

Additional Reshoring Information:

Company/Division name Honda
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Country(ies) from which reshored:Japan
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
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, Image/brand
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