Electrifying Illinois: Economic Potential of Growing Electric Transportation

Posted by Reports on Apr 9, 2021 12:43:00 PM

Publish Date: April 9, 2021

This report looks at these opportunities and discusses the current state of the ET economy in Illinois, highlighting several strengths, challenges, and opportunities.

Advanced Energy Economy engaged BW Research Partnership to examine the economic and job potential related to the development of the Electric Transportation (ET) industry in Illinois, focusing on opportunities for businesses and workers to become involved in the automotive supply chain as the industry goes electric.

A historical manufacturing powerhouse with a highly skilled workforce — Illinois already employs over 5,000 workers in the ET industry, and this number is expected to grow. In fact, there are declining employment sectors not currently involved in the ET industry, but rather in adjacent industries, that could easily transition to the ET industry. These industries also face an aging workforce, which presents an opportunity for young people entering the workforce, provided Illinois has the necessary training programs and policy incentives in place.

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Topics: Advanced Transportation