“Transportation Electrification in the Southeast” Fifth Annual Report
Southeast Alabama Georgia Florida North Carolina South Carolina Tennessee
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The fifth annual “Transportation Electrification in the Southeast” report, prepared by Atlas Public Policy in partnership with Southern Alliance for Clean Energy (SACE), analyzes the data underlying the electric vehicle (EV) market in SACE’s six-state region from July 2023 to June 2024. The data reveals a continuation of growth trends across six indicators: manufacturing investments, anticipated jobs, EV sales, charging infrastructure deployment, utility investments, and public funding.
Highlights from the fifth annual “Transportation Electrification in the Southeast” report include:
- The Southeast is leading the nation in EV and battery-related jobs and private sector investments, with four of the nation’s top eight EV manufacturing investment states in our region
- EV sales in the Southeast grew 42%, defying concerns that consumer interest is waning, and regional charging station deployment is on the rise
- Manufacturing tax incentives from the Inflation Reduction Act (IRA) to strengthen supply chains and create jobs have spurred private sector investments, enticing companies such as Ford, Toyota, Hyundai, Scout Motors, LG Energy, SK Battery and their suppliers to establish EV and battery operations in the Southeast
- The region is developing a skilled workforce through specialized training programs and community partnerships to meet the demands of EV manufacturing
- This report includes a new section tracking the electrification of commercial diesel-powered medium- and heavy-duty vehicles, including electric school and transit buses, delivery vans, garbage trucks, and tractor-trailers
While EV manufacturing investments, jobs, and sales continue to increase across the Southeast, the region still faces challenges to keep up with the rapid pace of the EV transition around the country, and across the globe. EV technology and adoption have reached the point where the question of whether the global market will transition away from gas and diesel transportation has shifted to how quickly. To learn more, read our fifth annual “Transportation Electrification in the Southeast” report, see the Southeast regional and state pages linked above, and read the introductory report blog.
Read the October 2024 Report Blog Post Watch the Virtual Roundtable