Ford adds battery capacity, LFP chemistry to scale global EV business

Date Published07/21/2022
Author NameJaclyn Trop
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ford
Parent companyFord Motor Company
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):50
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric-vehicle battery
What domestic positive factors made reshoring more attractive?Eco-system synergies, Raw Materials Cost
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