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Illinois’ Gamble on EV Manufacturing – The Business Journals


Illinois is setting its sights on becoming a major player in the electric vehicle (EV) market by investing in EV manufacturing. The state aims to position itself as a leader in the production of electric vehicles and components, which is expected to drive economic growth and create job opportunities.

Illinois has already made strides in this direction by attracting investments from major EV companies such as Rivian and Lion Electric. These companies have set up manufacturing facilities in the state, creating hundreds of jobs and boosting the local economy. In addition, the state government has implemented policies and initiatives to support the growth of the EV industry, such as offering tax incentives and grants to companies that invest in EV manufacturing.

By focusing on EV manufacturing, Illinois hopes to capitalize on the growing demand for electric vehicles and play a significant role in shaping the future of transportation. With its strategic investments and supportive policies, the state is well-positioned to become a hub for EV manufacturing and innovation in the years to come.

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