Charging Up the Electric Vehicle and Battery Sector
17 Aug 2023
News
The automotive industry is on the cusp of its most massive transition in generations, as gasoline-powered vehicles make way for electric vehicles, or EVs. By the middle of the next decade, many if not most new cars produced will be electric, and that means a huge shift in the manufacturing base and supply chain.
No surprise, then, that more than half a dozen of this year’s Project of the Year awards are related to EVs or the batteries that will power them. The projects can be found all over the country, from Kansas to the Carolinas, bearing only a few names that are likely to be familiar and many that are relatively new to the motor vehicle world.
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The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.