Manufacturing economic outlook for production of electric vehicle
Results of a study on the manufacturing of components of electric vehicles (EVs) in North Carolina are reported. Data are obtained from a consumer survey to ascertain the level of customer interest in EVs, coupled with data related to automobile manufacturing. The model uses input/output analysis for the EV manufacturing sector. An estimate is also made of the value of the potential economic impact (salaries of employees) of NC`s share of the total US manufacturing of EVs. The total US manufacturing effort for EVs was evaluated at the present California mandated levels of 2, 5 and 10% levels. This analysis indicates the NC manufacturing economic impact to be $8.6--$86 million annually, over the range of number of vehicles and vehicle cost. The range of the NC economic impacts went from a loss of $2--$10 million in carburators, pistons and rings to a gain of $19--$95 million for electric motors/generators. The above points out significant and potentially negative impact of EVs for certain automobile component industries. This suggests that in regions not participating in the development of EV manufacturing, the potential loss of manufacturing (due to the replacement of internal combustion engine vehicles by EVs) could be substantial. Suggestions are made to reduce this impact.
- OSTI ID:
- 418696
- Resource Relation:
- Other Information: DN: Report number 112; PBD: 1994
- Country of Publication:
- United States
- Language:
- English
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