Vision Marine Secures U.S. Battery Supply Chain Through Strategic Expansion with Octillion Power Systems

URLhttps://www.usatoday.com/press-release/story/8373/
SourceUSA Today
Date Published06/11/2025

Additional Reshoring Information:

Company/Division name Vision Marine Tech with Octillion Power Systems
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Domestically, the work will be done:In-house
Country(ies) from which reshored:Canada
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium-ion battery
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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