Volkswagen Breaks Ground On U.S. Lab For Testing Electric Vehicle Batteries

URLhttps://www.chattanoogan.com/2020/11/10/418183/Vol
SourceThe Chatanoogan.com
Date Published11/10/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen Group of America
Parent companyVolkswagen
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):22
Country(ies) from which reshored:China,Germany
City reshored to:Chatanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredelectric vehicle cells and battery pack testing
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Total cost
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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