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The Motor City is moving south as EVs change the automotive industry

CNBC LogoCNBC1 mo ago

The Motor City is moving south as EVs change the automotive industry - CNBC

Quick Summary:

Automakers are investing in towns across the American South.

The new plants bring tax and workforce advantages as the industry moves toward EVs.

The prominent union also now faces challenges of organizing joint venture battery plants from GM and Ford in the South."It's a very critical time for the UAW," Ray Curry, president of the union, told CNBC."This transformation piece is about our future.


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Article Details

Category: Economy

Topics: Life Rivian Automotive Inc Hyundai Motor Co Volkswagen AG General Motors Co South Korea Breaking News: Business Autos Transportation Manufacturing Environment Business News US: News Articles Ford Motor Co Toyota Motor Corp Source:tagname:CNBC US Source Cnbc Stellantis NV Personnel Business Automobiles and Components

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-14, 11:00:01

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Reading Time: 14 minutes read

Article Length: 2436 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 136868

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About CNBC

CNBC Logo

Main Topics: Economy

Official Website: cnbc.com

Update Frequency: 19 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #5

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