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

AAON Inc. To Establish Operations in Memphis, Tennessee

AAON, Inc., a leading HVAC manufacturer, announced plans to establish operations in Memphis, Tennessee. Plans for the project include creating 828 new jobs and investing $238 million in the company’s Shelby County facility. Economic development partners include Memphis Light, Gas and Water, the Greater Memphis Chamber, and the Tennessee Department of Economic and Community Development….

Avail Enclosure Systems Announces Plans to Expand in Hamilton County

Avail Enclosure Systems, a global infrastructure company, announced plans to expand operations in Hamilton County. Plans for the project include creating 82 new jobs and investing more than $10 million at its Chattanooga facility. Economic development partners include EPB, the Tennessee Department of Economic and Community Development, City of Chattanooga, Hamilton County, and the Chattanooga…

DENSO Announces Plans to Expand Operations in Athens, Tennessee

DENSO, a global automotive supplier, announced plans to expand operations in Athens, Tennessee. Plans for the project include creating 200 new jobs and investing $100 million to increase the production of products that support cleaner mobility. Economic development partners include Athens Utilities Board, Tennessee Department of Economic and Community Development and the McMinn County Economic…