GM, LG investing $275 million to expand Tennessee EV battery plant

URLhttps://www.cnbc.com/2022/12/02/gm-lg-investing-27
SourceCNBC
Date Published12/02/2022
Author NameMichael Wayland
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GM
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):275
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery cells, EV battery
What domestic positive factors made reshoring more attractive?Automation/technology
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