Ford Building Cathode Manufacturing Facility to Boost EV Supply Chain

URLhttps://www.manufacturing.net/automotive/news/2287
SourceManufacturing.net
Date Published08/29/2023

Additional Reshoring Information:

Company/Division name Ford Motor Co. w SK ON
Parent companyFord with SK On Co.
Type of work Manufacturing
Reshoring category:Nearshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):C$1200
Country(ies) from which reshored:Korea, South
City reshored to:Québec
State(s) reshored to:Canada
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshored high quality Nickel Cobalt Manganese (NCM)
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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