Hyundai to announce US battery JVs with LG and SK

URLhttps://www.just-auto.com/news/hyundai-to-announce
SourceJust Auto
Date Published04/24/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kia Corporation
Parent companyKia Corporation,
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Korea, Republic of
City reshored to:West Point
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vehicle
What domestic positive factors made reshoring more attractive?Government Incentives
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