Audi to invest $1 bln in electric vehicles projects in Mexico

URLhttps://www.reuters.com/business/autos-transportat
SourceReuters
Date Published06/12/2024

Additional Reshoring Information:

Company/Division name Audi
Parent companyVolkswagen Group
Type of work Manufacturing
Reshoring category:Nearshoring
Total number of jobs (added or to be added):500
Year reshoring announced:2024
Capital investment ($):1000
Country(ies) from which reshored:Germany
City reshored to:Puebla
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEVs
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Proximity to customers/market
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