General Motors to spend $20 billion through 2025 on new electric, autonomous vehicles

URLhttps://www.cnbc.com/2020/03/04/gm-to-spend-20-bil
SourceCNBC
Date Published03/04/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name General Motors Company
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):20000
City reshored to:Detroit
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vehicles, EVs, GMC Hummer pickup
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Under-utilized capacity
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