Electric Vehicles (EV)
Honorable Mention Awards: 2020 Economic Development Deal Of The Year
Our 2020 Deal of the Year competition drew the most diverse (and impressive) field of projects to date, making it much tougher to narrow down our annual list of Honorable Mentions.
Microvast To Invest $220M In Tennessee Manufacturing Facility
Electric vehicle battery manufacturer Microvast will create nearly 300 jobs at a new location in Clarksville, Montgomery County, TN.
Sese Industrial Services Locating New Facility In Tennessee
Sese Industrial Services, U.S. Corp. will invest more than $42 million to build a new axle component assembly facility in Chattanooga, TN.
Plug Power Inc. To Build New Innovation Center In New York State
Plug Power Inc.'s $125 million project will create almost 380 jobs at a new state-of-the-art facility in Monroe County, NY.
Electric Last Mile Aims To Create Up To 960 Jobs In Indiana
The electric vehicle (EV) company intends to invest $300M to establish operations at the former AM General commercial plant in Mishawaka, IN.
Lordstown Motors Closer To First All-electric Pickup Truck Production
The Ohio Tax Credit Authority approved support for Lordstown Motors’ hub motor and battery line, taking it one step closer to producing the world’s first full-size, all-electric pickup truck in Lordstown, OH.
GM To Invest Nearly $2B To Build EVs In Tennessee
Fully electric vehicles, including the Cadillac LYRIQ, will be built at the Spring Hill, TN plant, General Motors’ largest facility in North America.
Leading A Clean Energy Transition In Indiana
Hoosier Energy is diversifying its power generation mix with a long-range resource plan that expands low-cost wind, solar, natural gas and storage.
COVID-19 Response And Recovery Update
Economic development organizations and local businesses keep finding inspiring and innovative ways to join forces to meet the most urgent needs of this unprecedented crisis.
Taking High-Tech To New Heights In Arizona
In Arizona, advanced manufacturing is busy integrating new technologies into products and processes, transforming industries, outputs and the workforce they require to succeed in today’s global market.
Silver Award: 2019 Economic Development Deal Of The Year
Commerce, GA will be the home of SK Innovation’s lithium battery plant, which will build advanced batteries for hybrid and fully electric vehicles for VW and other OEMs.
MKDA Investing $20M In Georgia
Japan-based Mitsui Kinzoku Die-Casting Technology America, Inc. will build a new automotive parts manufacturing facility, creating more than 30 jobs in Spalding County, GA.
PerceptIn Relocating Global HQ To Indiana
PerceptIn will conduct R&D for its autonomous low-speed electric vehicles (LSEVs) and create up to 160 new, high-wage jobs at the Indiana IoT Lab – Fishers by 2022.
Tesla To Locate Gigafactory, Design Center In Germany
Tesla will create an estimated 10,000 jobs at a manufacturing plant and a design and engineering center in Germany's Berlin-Brandenburg region.
Clean Energy: New York Joins Top 5, Maryland Is Most Improved
Across the U.S, states are promoting clean energy with energy-saving rules for buildings, appliances, and more, according to the 2019 State Energy Efficiency Scorecard.
Backed By Big Electric Vehicle Investments, The Future Of Tennessee’s Auto Industry Is Here
Tennessee has been the nerve center of the South’s auto sector for nearly four decades, and is shaping up to be a hub for electric vehicle investments.
GM Investing $300M In Michigan Plant For New Chevrolet EV
The project will add 400 jobs at the Orion Township assembly plant; GM will also invest $1.8 billion in its U.S. manufacturing operations across six states, adding 700 new jobs
FCA To Create Nearly 6,500 Jobs With Michigan Expansion
Fiat Chrysler Automobiles will invest $4.5 billion to build a new assembly plant in Detroit and add production at five existing Michigan facilities
Volkswagen Will Create 1,000 New Jobs In Tennessee
The company has selected Chattanooga as the U.S. base for its electric vehicle production and will invest $800 million in the facility.
Massachusetts, California Continue As Energy Efficiency Leaders
New Jersey, Connecticut, Colorado, and South Dakota are most improved states, according to ACEEE's 2018 State Energy Efficiency Scorecard.