Zap! Manufactured in Kentucky
Going Like Sixty — August 26, 2008 — Autos
References: bgdailynews
Zap!, the electric car company, has announced the location of their first U.S. manufacturing plant in Kentucky.
Zap! has a full line of electric vehicles already in production in China, and a super glossy prototype Zap! Alias is being shown at major car shows. As labor becomes more expensive in China, launching a new auto manufacturing plant in the U.S. is huge.
Integrity Manufacturing has become a US manufacturing success story, and is one of the fastest growing companies in Kentucky.
Zap! has a full line of electric vehicles already in production in China, and a super glossy prototype Zap! Alias is being shown at major car shows. As labor becomes more expensive in China, launching a new auto manufacturing plant in the U.S. is huge.
Integrity Manufacturing has become a US manufacturing success story, and is one of the fastest growing companies in Kentucky.
Trend Themes
1. Electric Vehicle Manufacturing - The announcement of Zap!'s first US manufacturing plant in Kentucky highlights the growing trend of electric vehicle manufacturing in the country.
2. Rise of Domestic Auto Manufacturing - As labor costs increase in China, more companies like Zap! are looking to establish auto manufacturing plants in the US, leading to a rise in domestic auto manufacturing.
3. Increasing Demand for Electric Vehicles - The expansion of electric vehicle manufacturing plants, such as Zap!'s new facility in Kentucky, indicates the increasing demand for electric vehicles among consumers.
Industry Implications
1. Automotive Manufacturing - The establishment of Zap!'s manufacturing plant in Kentucky presents disruptive innovation opportunities in the automotive manufacturing industry.
2. Renewable Energy - The growing trend of electric vehicle manufacturing, as seen with Zap!'s expansion, highlights the potential disruptive innovation opportunities in the renewable energy industry.
3. Labor Market - The shift towards establishing auto manufacturing plants in the US due to rising labor costs in China indicates potential disruptive innovation opportunities in the labor market.
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