A spate of recent news bodes well for the electric vehicle industry. General Motors is building electric automobile manufacturing facilities in Ohio, Michigan and Tennessee. Ford is building in Kentucky and Tennessee. Toyota is building in North Carolina and Stellantis is building in Indiana. Several days ago, Honda and LG Energy Solutions announced they would spend $4.4 billion to construct a new battery plant in the United States to fabricate batteries, essential for EV manufacture. The New York Times called these actions “the most profound shifts the auto industry has experienced in its century-long history.” Shift indeed – electric vehicles will be dominant 10 years from now.
Originally posted for the Orlando Sentinel’s Central Florida 100.