Kentucky: America's Electric Vehicle Manufacturing Hub
Kentucky is the premier location in the U.S. to manufacture electric vehicles and their parts. Everything that goes into electric vehicles; motors, batteries, brakes or tires - can all be made and shipped to anywhere in the country easily. Competitive energy pricing, ample land, knowledgeable workforce and the best shipping and supply system add up to winning combination that cannot fail.
As the nation’s leading producer of light vehicles per capita, Kentucky is a particularly great fit for automotive-related businesses. These companies benefit not only from Kentucky’s best-in-class cost of doing business and supportive corporate environment, but their employees also enjoy the shorter commute times, lower cost of living and several other advantages that lead to a higher quality of life.
Facts You Should Know
- Kentucky is the #1 producer of cars, light trucks, and SUVs per capita
- Auto Alley
- 525+ automotive-related facilities in Kentucky
- Kentucky is home to four major assembly plants — Ford (two plants), General Motors and Toyota
- $10.8 billion announced investments by automotive-related facilities since 2014
- 1 out of every 16 workers in the US automotive industry work in Kentucky
- 100,000 individuals employed in automotive-related establishments located in Kentucky
Kentucky Cabinet for Economic Development
Low Utility Costs
Among the more significant location factors having a direct influence on bottom line costs is the annual capital that must be committed to utility consumption. Kentucky has the lowest cost of electricity in the industrial sector among states east of the Mississippi River and one of the lowest in the U.S., coming in at 21% lower than the national average.
Energy Information Admin., average price by state, released 2019
Global Logistics Capacity
2nd in total air Cargo, Kentucky is the only state to boast three major air cargo hubs: (UPS, DHL and Amazon Air)
Kentucky’s innovative and progressive tax incentive programs also provide the flexible financial assistance businesses need when locating, expanding or reinvesting in the state. Kentucky ranks in the Top 20 for corporate income taxes, individual income taxes, and sales taxes.
24th2020 Business Tax Climate Index
5%Corporate Income Tax Rates
6%Sales Tax Rate
9.5%State and Local Tax Burden Per Capita
Source: Tax Foundation
Kentucky is within one day's drive of two-thirds of the U.S. population
Kentucky's logistical advantage is unmatched. Click the cities below to measure distance.
- Bowling Green
- New York
- Washington DC
Available Sites & Buildings
What They Say
President, Meggit Aircraft Braking Systems
CEO, Danimer Scientific
Quality of Life
Cost of LivingKentucky is 10.3% lower than the national average
Commute TimeKentucky's average commute time is 23.5 minutes
(Source: U.S. Census)
Safe EnvironmentKentucky ranks #13 as safest states to live
(US News and World Report)