overall cost of owning an electric vehi- cle becoming more a ordable, Doshi expects the growth to continue. “I could hardly see electric vehicles seven years back; now you cannot go to an intersection without seeing an electric vehicle,” said Doshi, who has lived in Plano for 25 years. “That number is growing exponentially. The growth is there, and that growth is not going to slow down.” Why Plano For foreign tech companies such as Doosan and SK, Plano provides a num- ber of inherent advantages. The proximity to the Dallas Fort Worth International Airport eases the travel burden, for one. And as compa- nies such as Samsung and SK move to Plano, the city is garnering a reputa- tion overseas. “Word of mouth gets back to the companies overseas that say not only is this a business-friendly environ- ment, but Plano also makes it very easy for us to transition into the United States,” Muns said. Plano ocials said they put in work to maintain that relationship. “We build these strong relationships so when a company from Korea is look- ing to come into Texas, they can see, ‘OK, there’s Samsung; there’s SK; and there’s Doosan. There’s a collection of Korean companies. Now there must be something good with this commu- nity,’” McDonald said. And despite the fact Plano can’t
always o er the largest incentive package for prospective companies, McDonald said other factors make the city an attractive landing spot. He said the proximity to huge com- panies such as Toyota and Samsung is a benet for smaller partners, as is the workforce coming from local universi- ties such as Collin College and The Uni- versity of Texas at Dallas along with the Dallas Area Rapid Transit network. The main incentive Plano o ers is collaboration with the companies, according to Plano Economic Develop- ment Manager Esmeralda de la Cruz. “We’re always trying to gure out what their needs are,” she said. “If they have concerns about any partic- ular aspect of the business, we try to make sure that we can connect them with resources that are already here.” It was a combination of those factors that made Plano the right t for Doo- san, Lee said. “When you put it all together, we’re going to have access to great talent; we’re going to have easy access to be able to §y just about anywhere, and [Plano] seemed like a great place for people that wanted to start a family to live—everything just kind of gelled,” Lee said. “It doesn’t hurt that when I look out my window, I see the Toyota headquarters. That makes you feel like you made the right decision.”
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18,810* electric vehicles in Collin County *AS OF MAY 2
Electrifying growth Texas only trails California and Florida in registrations of fully electric vehicles.
2.5K 3K 2K 1K 1.5K 0
2,316 2,472
1,577
1,376
1,180
1,068
2017
2018
2019
2020
2021
2022
160K 200K 120K
191,690
127,239
80,900
52,500
40K 80K 0
38,400
2019
2020
2021
2022
2023
SOURCE: U.S. DEPARTMENT OF ENERGYCOMMUNITY IMPACT
17
PLANO SOUTH EDITION • MAY 2023
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