Why e-bike maker Vela is ditching China for Detroit

URLhttps://www.fastcompany.com/90818596/e-bike-vela-c
SourceFast Company
Date Published12/07/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Vela
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
City reshored to:Detroit
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric bike
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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