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Last Updated: 1/11/2023

29th Annual Automotive Insights Symposium

29th Annual Automotive Insights Symposium, Making the Shift: Electric Vehicles and their Impact on Sticker Prices and Automotive Jobs

Plug-in electric vehicles now make up over 6% of the new vehicle market and that proportion is growing quickly. How will this rapid change affect the new and used car markets, the automotive workforce, and traditional manufacturing centers in the Great Lakes region?

The 29th Annual Automotive Insights Symposium, Making the Shift: Electric Vehicles and their Impact on Sticker Prices and Automotive Jobs, took place on January 10–12, 2023, where we discussed this theme in greater detail. Through engaging panel discussions, keynote speeches, and tours, we explored the following topics:

  • The 2023 outlook on U.S. and North American auto production, sales, and supply chains
  • Pricing and vehicle affordability trends
  • Implications of the Inflation Reduction Act’s consumer and producer incentives to boost the sales of electric vehicles
  • Workforce impacts from the shift to greater electric vehicle production, including the roles of labor unions and economic development

Through events like this, the Federal Reserve Bank of Chicago serves the public, fostering economic opportunity and advancing a strong economy for our region and nation.

Review Key Materials

Tuesday, 01/10/23
1:00 PM
Ford F-150 and F-150 Lightning Factory Tours
Wednesday, 01/11/23
9:00 AM
Registration and Breakfast
10:00 AM
Welcome & Introduction
Speaker
Leslie McGranahan, Vice President and Director of Regional Research, Federal Reserve Bank of Chicago
10:15 AM
An Economic View of the Electric Vehicle Transition
Speaker
Kristin Dziczek, Policy Advisor, Regional Analysis, Federal Reserve Bank of Chicago
10:45 AM
Break
11:00 AM
2023 Automotive Outlook
Moderator
Martin Lavelle, Senior Business Economist, Federal Reserve Bank of Chicago
Speakers
Charlie Chesbrough, Senior Economist and Senior Director of Industry Insights, Cox Automotive
Kristin Dziczek, Policy Advisor, Regional Analysis, Federal Reserve Bank of Chicago
Haig Stoddard, Principal Analyst-Forecasts, Informa Tech Automotive Group/Wards
Joe Zaciek, Research and Industry Analysis Senior Manager, MEMA Original Equipment Suppliers
12:30 PM
Lunch
1:30 PM
The Consumer Challenge: Electric Vehicle Affordability
Peter DeLongchamps, Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs, Group 1 Automotive
David Gohlke, Energy and Environmental Analyst, Argonne National Laboratory
Martin Lavelle, Senior Business Economist, Federal Reserve Bank of Chicago
Lonnie Smith, President, On the Road Lending
3:00 PM
Break
3:15 PM
The Response: Manufacturing Addresses Affordability
Moderator
Kristin  Dziczek, Policy Advisor, Regional Analysis, Federal Reserve Bank of Chicago
Speakers
Aditya Jairaj, Senior Director, EV Transformation Office, Nissan USA
Daniel Kennel, Managing Director, BorgWarner
Rod Lache, Managing Director, Wolfe Research
Dan Nicholson, Vice President of Electrification, Controls, Software & Electronics, General Motors
4:45 PM
Concluding Remarks & Adjourn
Kristin Dziczek, Policy Advisor, Regional Analysis, Federal Reserve Bank of Chicago
5:00 PM
Reception
Thursday, 01/12/23
8:00 AM
Registration & Breakfast
9:00 AM
Welcome & Introduction
Speaker
Rick Mattoon, Vice President and Regional Executive, Detroit Branch, Regional Analysis, Federal Reserve Bank of Chicago
9:15 AM
Fireside Chat on Job Quality in the Electric Vehicle Transition
Speakers
Kristin Dziczek, Policy Advisor, Regional Analysis, Federal Reserve Bank of Chicago
Lana Payne, National President, Unifor
10:30 AM
Break
10:45 AM
What’s at Stake: The Future of Automotive Jobs
Moderator
Sarah Miller, Principal Advisor, Federal Reserve Bank of Chicago
Speakers
Turner Cotterman, Associate, McKinsey & Company
Adam Hersh, Senior Economist, Economic Policy Institute
Anna Stefanopoulou, Professor, Mechanical Engineering and William Clay Ford Professor of Manufacturing, University of Michigan
Karla Walter, Senior Director of Employment Policy, Center for American Progress
12:00 PM
Lunch
1:00 PM
Electric Vehicle Job Quality: Federal Policy Responses
Speakers
Susan Helper, Senior Advisor for Industrial Strategy, White House Office of Management & Budget
Betony Jones, Director, Office of Energy Jobs, U.S. Department of Energy
Joann Muller, Transportation Correspondent, Axios
2:15 PM
Break
2:30 PM
State Strategies: Competing for Quality Electric Vehicle Jobs
Jonathan Bridges, Managing Director, JobsOhio
Rick Walker, Founder & President/CEO, Georgia Automotive Manufacturers Association
Kristin Dziczek, Policy Advisor, Regional Analysis, Federal Reserve Bank of Chicago
Maureen Donohue Krauss, President & CEO, Detroit Regional Partnership
3:45 PM
Concluding Remarks & Adjourn
Speaker
Leslie McGranahan, Vice President and Director of Regional Research, Federal Reserve Bank of Chicago

29th Annual Automotive Insights Symposium

Plug-in electric vehicles now make up over 6% of the new vehicle market and that proportion is growing quickly. How will this rapid change affect the new and used car markets, the automotive workforce, and traditional manufacturing centers in the Great Lakes region?

The 29th Annual Automotive Insights Symposium, Making the Shift: Electric Vehicles and their Impact on Sticker Prices and Automotive Jobs, took place on January 10–12, 2023, where we discussed this theme in greater detail. Through engaging panel discussions, keynote speeches, and tours, we explored the following topics:

  • The 2023 outlook on U.S. and North American auto production, sales, and supply chains
  • Pricing and vehicle affordability trends
  • Implications of the Inflation Reduction Act’s consumer and producer incentives to boost the sales of electric vehicles
  • Workforce impacts from the shift to greater electric vehicle production, including the roles of labor unions and economic development

Through events like this, the Federal Reserve Bank of Chicago serves the public, fostering economic opportunity and advancing a strong economy for our region and nation.

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