Panasonic joins US project that extracts lithium for EVs 'in weeks'

SourceNIKKEI Asia
Date Published07/17/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Panasonic
Parent companyPanasonic Corporation
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:Both
Country(ies) from which reshored:Japan
State(s) reshored to:NV
If relevant, work nearshored to:-
Product(s) reshoredtesting extracted lithium
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training
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