Ford inks battery supply deal with LG Energy Solution

URLhttps://www.automotivedive.com/news/ford-secures-e
Sourceautomotive dive
Date Published10/22/2024
Author NameEric Walz

Additional Reshoring Information:

Company/Division name Ford and LG Energy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Country(ies) from which reshored:Poland
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredbatteries for Ford Mustang Mach-E
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
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