Mercedes-Benz Plans to Install Its Own Network of EV Chargers

SourceThe Wall Street Journal
Date Published01/05/2023
Author NameRyan Felton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mercedes Benz
Parent companyMercedes-Benz
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2030
Capital investment ($):42100
Country(ies) from which reshored:Germany
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshorednetwork of electric-vehicle chargers
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Biden administration
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