GM to Source Lithium for EV Batteries from US-Based Startup

URLhttps://www.industryweek.com/technology-and-iiot/a
SourceImdustryWeek
Date Published07/02/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Controlled Thermal Resources
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:Both
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products
Product(s) reshoredlithium
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?Lead time/Time to market, Under-utilized capacity, Other, import replacement
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