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NC leads the way in recent electric vehicle industry investments

On Flashpoint, an official from the Environmental Defense Fund says it could be 'just the beginning.'

CHARLOTTE, N.C. — In recent months, North Carolina has led the U.S. in electric vehicle industry investments, according to the Environmental Defense Fund.

"We see that in just the last six months, North Carolina has seen $9 billion in additional investment and that's in addition to the $10 billion of announced investment as of last August," David Kelly, NC director for the Environmental Defense Fund, said on WCNC's Flashpoint.  

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Kelly credits the bipartisan infrastructure law and Inflation Reduction Act for encouraging capital investment in the electric vehicle industry and its supply chain industries.

"In North Carolina, I think we pair that policy support with a world class workforce and a strong reputation that we have as a state as a leader in the clean tech industry space, and that we're seeing the benefits of that competitive advantage relative to our peers' states," he said.

Kelly said he thinks the growth can continue.

"I think what we're seeing is just the beginning," he said.

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Flashpoint is a weekly in-depth look at politics in Charlotte, North Carolina, South Carolina, and beyond with host Ben Thompson. Listen to the podcast weekly. 
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