Company/Division name | REE Automotive Ltd. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | Both |
Country(ies) from which reshored: | Israel |
City reshored to: | Austin |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | mission-specific EVs, modular electric vehicles |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Lead time/Time to market, Lean/other business process improvement techniques, Proximity to customers/market, Skilled workforce availability/training |