Major Automakers Choose North Carolina for Global EV Charging Headquarters

IONNA, a venture by seven leading car manufacturers, aims to revolutionize electric vehicle charging with a $3 million state-backed investment.

The venture includes BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, and Stellantis.
IONNA will develop a high-powered EV charging network to boost EV adoption in North America.
North Carolina's economic incentives and skilled workforce attracted the company.
The state expects the project to generate 203 new jobs and significantly boost its economy.
Economists express skepticism about the long-term effectiveness of such financial incentives.