Shift to EVs Triggers Biggest Auto-Factory Building Boom in Decades – Wall Street Journal

About two-thirds of the new auto investment revealed over the past two years is going to sites in the U.S. South, the data shows, tilting activity farther away from the Great Lakes region, the auto industry’s stronghold for a century. Rivian, which began building vehicles in Illinois in 2021, has committed to a second factory in Georgia to open in 2026. And Stellantis said last month that it is indefinitely idling a 1,350-employee assembly factory in Illinois.
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1 year ago

according to Hinz in Crains today JB & UAW are fighting hard to try and revive the canceled Stellantis EV deal and JB wants Springfield to pass real bad his $1 billion “closing deal fund” to try and get in on the EV biz….I guess it will look really bad for JB, UAW, Bidden admin & super union friendly Illinois with its new Amendment 1 if all the EV biz goes to right-to-work states with republican governors or Mexico (Tesla’s new plant). Meanwhile all the EV stocks and sales continue to crash as we head into a recession, Tesla’s down… Read more »

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