Automakers Seek To Integrate—And Localize—Battery Production

URLhttps://www.forbes.com/sites/jackperkowski/2021/01
SourceForbes
Date Published01/07/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name QuantumScape Corp.
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:2020
Domestically, the work will be done:In-house
City reshored to:San Jose
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, automotive
Product(s) reshoredsolid state batteries, EV batteries
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training, Under-utilized capacity
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