Companies are finally investing in making EVs in the US. Here’s a running list.

Date Published10/10/2022
Author NameMichelle Ma
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gotion High Tech
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):2360
Country(ies) from which reshored:China
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Government Incentives, Inflation Reduction Act
Government Incentive dollar amount:$715 million
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