Proximity to existing automotive OEMs and suppliers
already located in the southeastern U.S. is just one of the factors
drawing new EV projects to the region.
The southeastern United States has become a focal point for
electric vehicle (EV) manufacturers and their suppliers as
automotive original equipment manufacturers (OEMs) place their bets
on EV plants that will usher in the EV era. These new plants are
essential to the long-term growth plans of the OEMs, and a
company's location decision is particularly critical.
Key Considerations for EV Projects
The Southeast has already landed a significant number of new EV
projects from both OEMs and their suppliers, and it is very likely
to win even more. Like many competitive economic development
projects, key factors for EV projects include logistics and supply
chain, available and trained workforce, real estate, utilities, and
incentives. When OEMs and their suppliers weigh these factors in
their location
