North Carolina will be home to Toyota's upcoming hybrid battery manufacturing facility. It recently saw the opening of European battery manufacturer Alpitronic's U.S. headquarters and charging giant Kempower's U.S. office.
South Carolina is seeing upgrades and expansions to plants owned by BMW and Volvo to make future EVs and batteries and, perhaps most notably, Scout Motors' all-new $2 billion factory to make electric and extended-range trucks and SUVs.
The Southeast's EV game is proliferating big time, to put it mildly. And much of that is thanks to the investments and tax incentives pushed by the Inflation Reduction Act (IRA).
We need to future-proof our economy and make sure we're getting modern innovative companies here.
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