Automotive
Article

U.S. Automakers Aim to Make Detroit the Next Silicon Valley

by
Newsweek
February 27, 2023
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Summary

Driven by the further integration of vehicle hardware and software, Michigan -based automaker facilities will increasingly be a haven for new tech jobs.

For years U.S. automakers have been putting lots of money into developing digital technology, ranging from drivetrains and batteries for electric vehicles to a broad range of hardware and software connecting cars to the internet and to make them self-driving. Increasingly that money is being invested close to U.S. automaking's ancestral home. Ford Motor Company, General Motors (GM) and Stellantis, the multinational whose 14 brands include Chrysler and Jeep, have all funded mobility and software engineering projects in Michigan lately.

Silicon Valley has noticed. Christian D. Malesic, president/CEO of the Silicon Valley Central Chamber of Commerce, says "We're still number one in angel investors.... But I can also see the tech industry of Michigan expanding, especially as the car and computer start to blend even more."

Read more here.

Newsweek
Newsweek

Newsweek is a premier news magazine and website that has delivered high-quality journalism to readers around the globe for more than 90 years. Founded in New York in 1933, Newsweek presents the latest news, in-depth analysis and ideas about international issues, technology, business, culture and politics. In addition to its online and mobile presence, Newsweek publishes weekly English print editions in the United States, Europe/Middle East/Africa and Asia as well as editions in Japanese, Korean, Polish, Serbian and Spanish.

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