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Report Shows $120B Invested in Manufacturing EVs Within the US

According to a recent report by the Environmental Defense Fund and WSP USA, the IRA and other national measures have stimulated already booming investments in EV production facilities as well as batteries used in powering them in the United States. Investment totaling more than $120 billion and 143,000 newly created jobs in the manufacturing industry in the United States have indeed been reported during the past eight years. More than 40 % of the announcements have occurred in the past six months, after the Inflation Reduction Act’s adoption.

According to Peter Zalzal, a vehicle manufacturing renaissance in America has begun in slightly over a year, thanks to unprecedented investments made in…

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Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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