Japanese automotive firm Subaru is reluctant to invest in manufacturing electric vehicles in the United States due to the high wage inflation, CEO Tomomi Nakamura said on Wednesday.
“In Indiana, part-time workers at McDonald’s earn $20 to $25 per hour, which is in competition with what temporary workers make at our plant,” Nakamura said while speaking at the company’s quarterly earnings announcement on Nov. 2, according to Automotive News.
“If we were to build a new plant, it would be very difficult to hire new people for that. Labor costs are rising now. It is quite challenging for us to secure workers for our Indiana plant, including those of suppliers,” the Subaru CEO said….