AUTOMOTIVE INDUSTRY

Revved Up For the Growing Automotive & EV Industries

The Tennessee Valley region is the second largest automotive manufacturing region in the country, and it’s home to more than 650 companies in the industry. Connecting major automotive and mobility technology manufacturing corridors across the Midwest and Eastern U.S., our region is positioned for your acceleration.

Driving the Future of Automotive Manufacturing & Mobility Technologies

Home to original equipment manufacturers including Ford, General Motors, Nissan, Toyota, VanHool, Volkswagen, and Mazda-Toyota, our region provides endless opportunities for automotive suppliers.

Plugged In to Electric Vehicle Manufacturing

Our region’s access to key suppliers and materials, including batteries and electronic components, attract EV manufacturers from around the world. Thanks to our experienced labor force, market access, energy availability and reliability, we are leading the nation in EV investment.

Over $22B

Invested in EV manufacturing in the Valley since 2021.

90,000+

Automotive industry jobs in the region.

230+

Universities, technical schools and community colleges.

Home to Leaders in Automotive & Mobility Technology

Several states in our region have been named among the top 10 in the country for automotive facilities and EV investment, making the Valley a hotspot for automotive, EV, and AV-related manufacturers. Global leaders in the automotive industry are located in our region, including:

  • Dura Automotive
  • Metalsa
  • Microvast
  • Novonix
  • Sinova Global
  • Tritium
  • Ultium Cells, LLC

Keeping the Region Rolling

Automotive workforce

Our People Are Our Most Valuable Resource

More than 190,000 workers are employed in transportation-related manufacturing and our automotive wages in 2023 were 7.4% lower than national average. Our five year population growth rate was approximately 1.7x higher than the country’s average growth rate between 2018 and 2023, helping ensure a qualified and motivated automotive workforce.

Do Business With Us

More than 650 companies in the automotive industry have made our region their home. Here are just a few of the reasons why:

99.999% Reliability

TVA offers low-cost, highly reliable power to its customers.

Diverse Power Generation

Nearly 60% of the region’s power comes from carbon-free sources.

Competitive Electricity Rates

Our region’s industrial electric rates are among the lowest compared to peer utilities.

The Valley Region is Ready for Your Production Lines

The U.S. auto industry is racing forward and manufacturers are pouring billions of dollars into new factories and plants throughout Kentucky, Tennessee, Alabama, Georgia, and Mississippi. They’re drawn to our region by our supply chain proximity, favorable business climate, and industry-experienced workforce.

Will West
Automotive & Mobility Technologies Specialist

 

Our specialists speak your industry’s language, and we’re here to guide you through your entire site selection process.

For more information about available properties, demographics, infrastructure, communities and our skilled workforce, use our interactive GIS mapping tool or contact your target market specialist.

[email protected]

Search For Your Venture’s Next Home

Explore nearly 1,000 properties and buildings virtually using our interactive mapping tool. Filter by property type, size, location and more.

  • ‘How will you get all of the electricity?’ That’s one of the reasons we went to Tennessee because they have the TVA. It’s [one of] the largest clean energy sources in the US.

    -Jim Farley, Ford Motor Company President & CEO

  • The best part of economic development? Driving by a location that once was an empty lot or building and seeing the vehicles of employees that have hope to provide for their families. Those people might not know anyone at TVA, but we still made a difference in their lives. Now that is a good day!

    -Adam Murray, TVA Economic Development Target Market Specialists, Manager

In the News

SGB Enterprises, Inc., announces plans to establish operations in Maury County, Tennessee.

10/05/23 SGB Enterprises, Inc., announced plans to establish operations in Maury County. Plans for the project include creating 40 new jobs and investing $1.7 million in the company’s Columbia headquarters and manufacturing operations. Economic development partners include Columbia Power and Water Systems, the Maury Alliance, Middle Tennessee Industrial Development Association and the Tennessee Department of…

Malibu Boats, LLC, expands operations in Roane County, Tennessee

10/03/2023 Malibu Boats, LLC, a powerboat manufacturer, announced plans to expand operations in Roane County, Tennessee. Plans for the project include creating 770 new jobs and investing $75 million in the company’s second facility outside of its Loudon headquarters. Economic development partners include Lenoir City Utilities Board, Roane Alliance, East Tennessee Economic Development Agency and…

Dutch Tech, Inc., expands operations in Lobelville, Tennessee

10/02/2023 Dutch Tech, Inc., a manufacturer of laminated insulation products, announced plans to expand operations in Lobelville, TN. Plans for the project include creating 73 new jobs and investing $755,000 to expand operations at the company’s Perry County headquarters. Economic development partners include Meriwether Lewis Electric Cooperative, Perry County Government and the Tennessee Department of…