Could Detroit Be The Next Silicon Valley?

The City of Detroit is known as the Motor City, being that it provided the model for mass production of automobiles. Ford, General Motors (GM), and Chrysler were all based in Detroit during the 1920’s.

It seems that in today’s world Detroit may become the next silicon valley, according to U.S. automakers. With the rise of electric vehicles (EV) becoming more and more popular, computers are becoming more and more a part of the future of the automotive industry. 

Manufacturers such as Ford, GM, and  Fiat Chrysler Automobiles are setting their sites on dominating the EV market. These companies have made very large investments to pivot and focus on the future of the automobile industry. 

Ford purchased the Michigan Central Station in the Corktown neighborhood of Detroit in 2018 for $90 million. Ford plans to turn it into a hub that merges automation, mobility, and electrification. These investments will help create more than 3,200 new jobs. 

Reporting for WGRT – Choze Powell