October 14, 2022 | Pittsburgh Works Together
PA is Missing Out on the Electric Vehicle Supply Chain:
One picture tells the story
The Federal Reserve Bank of Dallas issued a report this week on the growth in factories building batteries for electric vehicles. (Automakers’ Bold Plans for Electric Vehicles Spur U.S. Battery Boom, October 11, 2022.)
“U.S. capacity additions were sporadic until recently when the pace of new announcements picked up,” according to the report. “Six new facilities, worth more than $5 billion, were announced from 2018 to 2020. Since the start of 2021, more than 15 new facilities or expansions have been disclosed in the U.S., reflecting a potential investment of at least $40 billion. Several plants have also been announced in Canada.”
Read more about Pittsburgh Works’ analysis of the shortfall in Pennsylvania’s manufacturing jobs here.
For a printer friendly version of this research brief, click here.
Pittsburgh Works Together is a business-organized labor-workforce-economic development alliance working to grow jobs and expand the industries that are the foundation of our economy, including energy, manufacturing, and construction, in order to provide opportunity for all Pennsylvania residents.