The company notes that it hasn’t selected an exact location for the plant either. However, if all goes according to plan, the plant could make serious headway towards making North America more independent from other nations and international supply lines used in the production of electric cars. Not only could this impact the price tag on the customer’s end, potentially resulting in less expensive EVs, but a North American supply chain nullifies the problems that may occur when or if geopolitical issues flare up.
There’s still a lot of leg work to be done, considering the plant isn’t scheduled to open for three more years, but it’s a step in the right direction. Electric vehicles are certainly viable from a pure capability standard, and most cars have an acceptable battery range. That said, if automakers can’t get the supplies needed to make those batteries in the first place, even the best EVs won’t go very far.