The US plug-in vehicle (PHEV and BEV) market grew by 55.0% year-on-year to 654 000 units in the first six months of 2023, increasing its share of the overall light vehicle (LV) market to 8.5%. Other automakers have also announced plans to introduce electric vehicles in areas such as SUVs and pick-ups.

The US government’s policy of excluding electric vehicles powered by Chinese batteries from sales incentive payments has led to a growing trend to develop battery production facilities for electric vehicles in the US, and competition for investment incentives among state governments has also intensified. As a result, it is expected that the North American region as a whole will develop production bases for electric vehicles on the scale of 10 million units per year by 2030, and a number of electric vehicle-related component production plans have also been announced.

This multi-client study clarifies the green (electric parts) supply chain in the North American region and provides an outlook on each company’s green supply chain network.