ICYMI New Report Michigan 1 for Automotive Industry EV Investment Top 10 in Key Areas (2024)

FOR IMMEDIATE RELEASE

August 9, 2023

Contact:press@michigan.gov

ICYMI New Report:Michigan #1 for Automotive Industry, EV Investment, Top 10in KeyAreas

The report also ranks Michiganasatop 10 state fortech talent pipelines, workforce training,andforeign directinvestment

LANSING, Mich.— Anew reportfromBusiness Facilitiesshows Michigan continues to lead the race for jobs and investmentas the top state for automotive industry and electric vehicle investments,holding its number one spot from 2022.According to BusinessFacilities,Michigan also ranks as a top 10 stateamong keyareaslikeforeign direct investment, customized workforce training,tech talent pipelines, and health carejobs.Thisranking follows multiple reports showing Michigan as a leader inbusiness,clean energyandbattery investmentsand a piece from Newsweek recognizing Michigan as a leading hub forhigh-tech mobility development.

“Asthe state that put the world on wheels, we’re proud to be recognized as an ongoing leader in the automotive industry and EV investment by Business Facilities,” saidGovernor Whitmer. “We will continue to work together to attract additional projects, invest in Michiganders, and build on the momentum we’ve created over the past two years. This national recognition of our key industries and initiatives supports our commitment that anyone can make it in Michigan.”

“We are proud that BusinessFacilities has recognized Team Michigan’s work of building on our state’s heritage in manufacturing and evolving our strengths as we move toward an electric future,” saidQuentin L. Messer, Jr., CEO of the Michigan Economic Development Corporation (MEDC).“Our strong showing across workforce development and manufacturing is also encouraging as we continue to work with Governor Whitmer and the Michigan Legislature to secure Michigan’s leadership across industriesas we ‘Make It inMichigan.’”

Business Industries:Washington, Michigan, Massachusetts, California, Texas Are #1 In Key Industries

In the Automotive industry, both traditional and the burgeoning electric vehicle space,the state of Michigan tops the list. This is a repeat performance from the state in this category with new investments bolstering its existing ecosystem.As the industryas a whole undergoesits current transformation, the ones to watch include the other top ranked states — Indiana, Ohio, Tennessee, and Kentucky, respectively. Also included in this ranking: Alabama, California, South Carolina, Missouri, and Georgia.

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Rounding out the Life Sciences ranking areMaryland, New Jersey, New York, Pennsylvania, North Carolina, Texas, Florida, andMichigan. And, rounding out the top 5 for MedTech/Medical Devices: Minnesota, Massachusetts, Indiana, Connecticut, respectively, and followed by Ohio, Indiana, Florida, and Wisconsin.

Growing Michigan’s Economy and Make it in Michigan

In December 2021, Governor Whitmer brought Republicans, Democrats, and public and private sector leaders together to establish powerful new economic development tools that would help Michigan compete for transformational projects. Since then, the state has won $16billionof projects and more than 16,000 good-paying jobs building electric vehicles, batteries, semiconductor chips, and cleanenergy—all industries of the future.

To keep this momentum going, the state must continue its successful economic development strategy and expand the toolkit. The governor proposed the Make it in Michigan plan, a comprehensive strategy to build on the work we are doing and help more families and businesses make it in Michigan.

The plan has three pillars: competing for and winning projects to bring manufacturing and supply chains home, investing in people so they can pursue their potential from Pre-K through postsecondary and have their freedoms protected, and revitalizing places to make them more attractive places to live, work, and invest. The Make it in Michigan plan proposes spurring more cutting-edge research and development in Michigan, lowering costs for businesses so they can hire more Michiganders, and working to land more transformational projects in Michigan while making parallel investments in localchild care, housing, infrastructure, and workforce programs.

Electric Vehicle and Battery Project Wins

Over the last 18 months, the state’s powerful bipartisan economic development tools have helped bring home over $16billionof projects and secure 16,000 jobs building electric vehicles, batteries, semiconductors, and clean energy.

  • In January 2022,General Motorsannounced a historic investment of $7 billion, creating 4,000 and retaining 1,000 jobs, to convert Orion Township assembly plant to build full-size electric vehicle pickups and buildUltium’sthird U.S. battery cell plant in Lansing.
  • In March 2022,LG Energy Solutionannounced a $1.7 billion expansion creating 1,200 jobs in Holland manufacturing batteries.
  • In June 2022,Ford Motor Companyannounced an investment of $2 billion, creating more than 3,200 jobs in plants across Michigan to support electric vehicle manufacturing growth and secure internal combustion engine portfolio in the state.
  • In June 2022, Canadian electric vehicle charging network operatorFLOannounced an investment of $3 million for the company’s first-ever U.S. manufacturing facility in Auburn Hills.
  • In October 2022, Michigan-basedOur Next Energyannounced a $1.6 billion investment to establish its first cell and electric vehicle battery pack gigafactory in Van Buren Township, creating up to 2,112 jobs.
  • In October 2022,Gotionannounced a $2.36 billion investment for a new manufacturing facility in Big Rapids, creating up to 2,350 jobs.
  • In January 2023:Fordannounced a $3.5 billion investment, creating 2,500 good-paying jobs, in a new EV battery manufacturing facility inMarshall.

Whitmer AdministrationAccomplishments

GovernorWhitmer is committed to growing Michigan’s economy and investing in our talented workforce:

  • Created theOffice of Future Mobility and Electrification, coordinating future investments across state government.
  • Launched theEV Jobs AcademyandMI EV Scholars Programto prepare Michigan’s workforce for electric vehicle sector jobs.
  • EstablishedMichigan Reconnectto offer Michiganders 25 and up tuition-free associate degree or skills certificate in high-demand careers and expanded theprogramto Michiganders 21 and up with the recently passed bipartisan budget.
  • Convened theElectric Vehicle and Mobility Talent Action Team, the first focused effort on talent in the electric vehicle and future mobility sectors.
  • LedREV Midwest, a 5-state compact to rollout regional charging infrastructure.
  • Announced theLake Michigan Circuit, a network of EV charging infrastructure on the shore of Lake Michigan.
  • Partnered with the City of Detroit, Google, and Ford onMichigan Central, a mobility innovation hub to attract and retain skilled talent and high-growth companies in Detroit.

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ICYMI New Report Michigan 1 for Automotive Industry EV Investment Top 10 in Key Areas (2024)
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