Onshoring power train production and boosting domestic share of vehicles sold would lead to large job gains: Change in U.S. auto jobs under various BEV penetration scenarios, if U.S. EV powertrain component production matched ICE average and the share of domestically produced vehicles sold in the U.S. increased by 10 percentage points
Auto assembly jobs | Auto parts jobs | |
---|---|---|
30/70 | 19,094 | 150,608 |
50/50 | 3,184 | 149,401 |
25/25/50 | 36,331 | 154,342 |
40/10/50 | 18,039 | 151,377 |
Note: The figure shows the job effects if the total number of cars produced in the U.S. stays the same but there is a rise in the shares that are BEVs (battery electric vehicles) and PHEVs (plug-in hybrid electric vehicles), an increase in U.S. production of electric vehicle (EV) powertrain components brings U.S. manufacturers’ share of the EV powertrain market up to their share of the ICE (internal combustion engine) powertrain market, and there is a 10-percentage-point increase in the share of all vehicles sold in the U.S. produced by U.S-based domestic manufacturers.
Source: Authors’ analysis of scenarios described in the text, from results estimated using the IMPLAN (2019) input-output model.