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KNOXVILLE, TN, Oct. 29, 2020 — The Tennessee Advanced Energy Business Council celebrates a significant recent victory for Tennessee’s robust advanced energy industry with the announcement of GM’s addition of an electric vehicle at its Spring Hill plant.
The Cadillac Lyriq is planned to be built at GM’s plant in middle Tennessee, the company’s largest plant in North America, with a $2 billion planned investment for the state. This announcement comes at a crucial time when state leaders are working to lure auto manufacturers and make Tennessee the home for electric vehicle supply chain manufacturing in the country. The GM announcement adds to its existing auto manufacturing in the state, along with Nissan’s and Volkswagen’s electric vehicle plans.
“The electrification of cars and trucks puts electric vehicles on the street, and that’s exciting, but for Tennesseans it also creates key manufacturing jobs in the rapidly-growing electric vehicle supply chain,” said TAEBC Executive Director Cortney Piper. “We’re happy to see the opportunities with the arrival of new companies and look forward to more announcements in auto supply chain jobs in the future.”
The Tennessee Advanced Energy Business Council is here to support those manufacturers and assist in leading the charge to make the state a leader in all facets of advanced energy, including electricity and transportation. TAEBC members and stakeholders include multinational companies, the University of Tennessee and energy entrepreneurs, among others. They all share one passion for using energy innovation as a means to economic development.
The announcement from GM, along with Nissan and VW, also signals opportunities for employment for the citizens of Tennessee and bodes well for future developments in business and industry.
About Tennessee Advanced Energy Business Council
TAEBC is the champion of Tennessee’s advanced energy economy. No other entity in the state concentrates specifically on this robust sector. We educate public officials and business leaders about Tennessee’s advanced energy economy, establish strategic partnerships to connect assets with opportunities, and inform policy that expands and strengthens the industry. For more information, visit: https://tnadvancedenergy.com/