Company/Division name | FengMei New Energy Automotive Technology |
Parent company | FengMei New Energy Automotive Technology |
Type of work | Manufacturing |
Reshoring category: | Nearshoring |
Total number of jobs (added or to be added): | 1000 |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 15.6 |
Country(ies) from which reshored: | China |
City reshored to: | Aguascalientes |
State(s) reshored to: | Mexico |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | EV |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Impact on domestic economy, Infrastructure, Proximity to customers/market |