VW-backed Scout Motors to build $2B factory in South Carolina

URLhttps://techcrunch.com/2023/03/03/vw-backed-scout-
SourceTechCrunch
Date Published03/03/2023
Author NameTim Stevens
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Scout Motors
Parent companyVolkswagen Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):4000
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):2000
Country(ies) from which reshored:Germany
City reshored to:Blythewood
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEV cars
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training, IRA
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