June 24, 2019
The Charleston region is steadily growing its automotive cluster, comprised of more than 65 automotive-related companies and more than 6,500 employees. As Volvo prepares for its announced expansion to accommodate the XC-90 by 2022 and as Mercedes-Benz Vans ramps up for its third shift, we anticipate continued growth over the next several years.
An interesting plot twist will be how Charleston’s automotive industry ecosystem growth aligns with the macro industry trends such as connectivity, mobility, electronic vehicles (EV), and autonomous vehicles (AV), and the overall industry disruption by technology and changing consumer habits. As technological advancements become more prevalent, how will the supply chain, talent demand, and workforce training needs evolve? Smart communities serve current needs of companies while planning ahead for changing skill sets.
In the meantime, keep an eye out for these global trends Charleston is adopting:
Charleston Area Regional Transportation Authority (CARTA) will soon transition to an entire fleet of electric buses. CARTA purchased it’s first three zero-emission, battery-electric buses from Proterra, an electric bus manufacturer located in Greenville, SC in August of last year.
Care By Volvo is an app that enables you to customize and subscribe to your new Volvo right from your phone. Simply download, subscribe and drive. Your monthly subscription includes personalized options, insurance, maintenance, wear and tear, and roadside assistance.
Ridesharing is becoming more popular and available. From using apps to order a ride with UBER and Lyft to using carpool in the Waze and LowcountryGo apps, there are multiple platforms to choose from.
Want to learn more about opportunities for automotive suppliers and talent in Charleston? Don’t hesitate to contact me at the number below.