Date of Award

12-2023

Degree Type

Masters Thesis

Degree Name

Master of Science (MS)

School

Management

Committee Chair

Chad R. Miller

Committee Chair School

Management

Committee Member 2

Christopher Smith

Committee Member 2 School

Management

Committee Member 3

Chao Meng

Committee Member 3 School

Marketing

Abstract

This research examines the shift from conventional Internal Combustion Engine (ICE) to Electric Vehicle (EV) production in the automotive industry. Utilizing the JobsEQ Input-Output model, it reveals complex economic interdependencies and highlights the concentration of Nissan Tier 1 suppliers around its Canton manufacturing operations in the Midwest and Southern U.S., indicating an efficient supply chain and regional economic impact.

In Mississippi, the transition to EV production is projected to create 4,415 jobs and increase compensation by $295.5 million, presenting a competitive edge in automotive employment opportunities. However, it emphasizes the need to retain and upskill the existing workforce, especially for ICE component suppliers. Recommendations for economic developers include supporting supplier development programs, initiating skill development initiatives, and offering targeted economic incentives. These strategies aim to position Mississippi strategically in the growing EV market, ensuring sustained economic growth and prosperity.

The shift to EV production in Mississippi signifies a significant milestone in the automotive industry, promising thousands of jobs and establishing the state as a key player in the EV market. Despite challenges in specific sectors, the overall economic impact is expected to be positive, fostering growth and prosperity in the region. With proactive strategies, economic developers can lead the state toward a thriving and sustainable future in EV manufacturing.

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