How a Kiwi Car Company Chose California

URLhttps://siteselection.com/onlineInsider/how-a-kiwi
SourceSite Selection Magazine
Date Published01/01/2024
Author NameRON STARNER

Additional Reshoring Information:

Company/Division name Ohmio
Parent companyOhmio
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):25
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):2.5
Country(ies) from which reshored:New Zealand
City reshored to:Riverside
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutonomous EV Shuttles
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Govt. Policy and subsidies, Higher productivity, Image/brand, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, IRA, Town purchase and incentive deal
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