Stellantis considering even more U.S. EV battery factories

URLhttps://www.cbtnews.com/stellantis-considering-eve
SourceCBT News
Date Published05/30/2023
Author NameColin Velez

Additional Reshoring Information:

Company/Division name Stellantis
Parent companyStellantis N.V.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Capital investment ($):2500
Country(ies) from which reshored:France
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric vehicle battery
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Biden Administration’s Inflation Reduction Act.
Find Reshoring Articles