In the last five years, California’s electric vehicle (EV) industry has emerged as a driver of good jobs and manufacturing exports, and the industry’s value is only gaining speed. Increasingly favorable economics, rising global demand, and the COVID-19 pandemic mean EVs will likely emerge as the state’s top manufacturing export in 2020.
The fast-moving EV industry is powering an expanding clean energy ecosystem in California and the economic payoff has been significant, generating tens of thousands of good jobs, millions in tax revenue for governments, and nurturing multiple other supporting businesses.
