Carmaker Stellantis NV made big news in Indiana last week when it announced it will build a $2.5 billion electric-vehicle battery plant in Kokomo with partner Samsung SDI. The plant—which is expected to employ 1,400 people—is one step in a fledgling transition in the auto industry from vehicles with internal combustion engines to those with electric motors.
But what does that transition mean for a state like Indiana, which has five vehicle assembly plants and more than 500 auto industry suppliers. In all, more than 110,000 people are employed by the auto industry.
Podcast host Mason King talks with Ananth Iyer, a professor of management at Purdue’s Krannert School of Management, who is part of a group studying the potential disruption in the auto industry and how Indiana manufacturers can adapt.
Iyer sees tremendous potential for those plants and their workers, even if that means a bit of retooling and retraining to realize it.
For more about the disruption EVs are causing in the auto industry, read Susan Orr’s story in IBJ’s Innovation Issue here.
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