Revving up Site Selection for Electric Vehicle Manufacturing

21 Mar 2023


News

In recent years, the electric vehicle (EV) manufacturing industry has been a significant source of investment in production within the United States. By the year 2030, the U.S. is expected to see an estimated $210 billion in capital investments from the EV and battery manufacturing industries.1 This projection represents a substantial increase in the industry's growth trajectory which is expected to drive significant job creation. 

The Economic Policy Institute projects the creation of over 150,000 jobs in the industry within the same time frame. Site Selection Group, a full-service location advisory, economic incentives and real estate services firm tracks site selection trends for the EV industry. Below is a summation of the major themes within the industry. 

Click here to view the original article from the Site Selection Group 

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