Stellantis JV Plans Another Battery Plant

URLhttps://www.americanmachinist.com/news/article/212
SourceAmerican Machinist
Date Published07/24/2023

Additional Reshoring Information:

Company/Division name Stellantis with Samsung SDI
Parent companyStellantis with Samsung SDI
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Korea, South,Netherlands
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, IRA
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