Posts tagged labor cost gap

    The Motor City is moving south as EVs change the automotive industry

    August 15, 2022 // Detroit is the city that “put the world on wheels,” but it’s towns like Spring Hill and others in neighboring states that are attracting the most investments from automakers in recent years, as production priorities shift to a battery-powered future with electric vehicles. Companies more than ever want to build EVs where they sell them, because the vehicles are far heavier and more cumbersome to ship than traditional models with internal combustion engines. They also want facilities for battery production to be close by to avoid supply chain and logistics problems. SPRING HILL, Nissan, Subaru, Toyota, Hyundai Motor, Rivian Automotive, workforce, supply chain and logistics, lowest electricity prices,