Volcon awards additional assembly contract to ElectraMeccanica

SourcePowersports Business
Date Published04/11/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volcon
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Year reshoring announced:2023
Domestically, the work will be done:In-house
State(s) reshored to:Canada
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshored Grunt EVO and Runt LT electric motorcycles.
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Lean/other business process improvement techniques
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