Tesla Cofounder Is Building A $3.5 Billion Plant To Make EV Battery Parts In The U.S.

Date Published07/25/2022
Author NameAlan Ohnsman
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Redwood Materials
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):3500
City reshored to:Carson City
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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