GM venture picks Michigan for 3rd US-based EV battery plan

URLhttps://apnews.com/article/technology-business-mic
Sourcehttps://apnews.com
Date Published12/10/2021
Author NameTOM KRISHER and DAVID EGGERT
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ultium Cells LLC
Parent companyUltium Cells LLC
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):750
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):4.5
City reshored to:Lansing
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV battery
What domestic positive factors made reshoring more attractive?Government Incentives
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