Great they are producing electric cars in a flood plain. They should be producing them in Nevada. Nice and dry, far away from the ocean. Produce them in Nevada, sell them into Georgia.
Logistics is important in any business, but you can load 100,000 iPhones onto a tractor trailer, or 6 or 7 cars.
2/3 of the US population lives east of the Mississippi, and hauling cars around is expensive. The remaining 1/3 of the population lives west of the Mississippi, which has about 2/3 of the land. Preferably you build stuff close to your customers, or where rail and ship transport is well developed and established. I assume Nevada has rail, but I’m pretty sure their port business is pretty thin.
True but when a Hurricane wipes out your production plant and it takes awhile to rebuild, then where are you at? Since Nevada is only 200 miles from the coast, and it is all down hill it shouldn’t be a problem. If Tesla can build their batteries and Tesla Semi’s in Nevada I would think any other car company could do it.
Great news. What is the price of a typical Ioniq 5 electric SUV? Cheaper than the ones from BYD in China?
Hyundai on Tuesday rolled out the 2025 versions of its Ioniq 5 electric SUV
Yep. If you drive out west and observe the trains, there are lots of containers going east and lots of cars westbound.
DB2
Already in Georgia: Kia, Yamaha, Rivian, BlueBird and Hyundai. Subcontractors already in Georgia: https://www.selectgeorgia.com/discover-georgia/industries/automotive-in-georgia/
FWIW, Georgia is one of the smaller states with an automotive industry that are subject to hurricanes. Also on the list are: Mississippi, Alabama, South Carolina, North Carolina, and Texas. And if we use Helene as a metric, then include Tennessee, Kentucky, and Arkansas.
Just because Tesla chose Nevada doesn’t mean it’s the best place. It was wooed there by huge direct incentives and rebates from the state. Those may (or may not) still be available, or other states may have gotten into the game and offer even better incentives, some of which might be: workforce, tax rebates, access to transport and/or population, and so on. Nevada, as I understand it, had fewer regulations about building a battery plant in the middle of the desert, now that the concept has been demonstrated other states might not be so leery.
Re: 2/3 of the population lives East of the Mississippi.
Cars and auto parts must be easy to ship from Asia to the western states. And maybe cheaper to ship by water from Asia than by rail from Detroit.