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EV Industry Continues to Emerge Throughout the Battery Belt

Started by Epoch-Times-Bot, Dec 23, 2022, 11:45 AM

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Epoch-Times-Bot

Dec 23, 2022, 11:45 AM
EV Industry Continues to Emerge Throughout the Battery Belt

With the Inflation Reduction Act and the Bipartisan Infrastructure Law incentivizing corporations and consumers to invest in the manufacturing and purchase of electric vehicles (EV), its August passage has opened the door for a surge of EV-related industrial plants, many of which cropping up in southern states such as Alabama.
The German-based ADS-TEC, an EV battery technology company, announced on Tuesday that it will be investing $8 million in a charging facility manufacturing plant in Auburn, Alabama.
The announcement follows North and South Carolina, Georgia, and Tennessee, welcoming companies in their states to build EV cars, batteries, and other EV technology.
ADS-TEC will be building a sales, warehousing, and a service and assembly facility that the company said in its press release would be fully functional by 2024 and expected to bring in 180 jobs....

Source: EV Industry Continues to Emerge Throughout the Battery Belt

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Aug 26, 2024, 06:21 PM
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