Released September 09, 2021 | SUGAR LAND
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Electric vehicles (EVs) are projected to reach 10% of global passenger sales in 2025, according to Forbes. Global automobile production is steadily trending toward all-electric fleets, as several major car manufacturers have announced they will be fully electric by the 2030s, and many governments are pushing for greener transportation.
U.S. President Joe Biden campaigned on moving the country "away from the oil industry," and the automakers are stepping up. As automakers produce more EVs, major parts and component suppliers will begin to ramp up their output as well.
Industrial Info is tracking 12 projects, valued at $1.79 billion, to increase U.S. production of EV components. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
U.S. President Joe Biden campaigned on moving the country "away from the oil industry," and the automakers are stepping up. As automakers produce more EVs, major parts and component suppliers will begin to ramp up their output as well.
Industrial Info is tracking 12 projects, valued at $1.79 billion, to increase U.S. production of EV components. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
