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.
This report looks at these opportunities and discusses the current state of the ET economy in Illinois, highlighting several strengths, challenges, and opportunities.
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Take a peak into the report's key findings:
- In 2019 there were an estimated 5,200 ET-related workers at 560 Illinois businesses.
ET-related employment can be found across Illinois.
ET activity contributed $850 million to Gross State Product.
With the right policy priorities, Illinois is well positioned to be a leader in developing the domestic ET supply chain.
ET growth offers opportunities for manufacturing and related industries in Illinois.
While Illinois has only three ET-specific training programs, the state has a robust set of manufacturing education and training options.
In order to spur the EV market and fully capitalize on ET employment opportunities, Illinois must take regulatory and legislative action now.
Projected ET Employment and Share of Electric Vehicles (EVs) Sales