Greater Charlotte — Banking & Battery & EV Materials & Motorsports in Charlotte

Second only to New York as a US banking center, Charlotte carries Bank of America's and Truist's headquarters (the NCNB/First Union roots that built "Wall Street of the South") alongside a genuinely emerging battery and EV-materials cluster -- lithium recycling (Li Industries), battery separator manufacturing (Green New Energy Materials), and EV fast-charging hardware (Alpitronic's US headquarters). The region is also nicknamed "Race City USA": while NASCAR's own corporate headquarters sits in Daytona Beach, the vast majority of its teams' race shops -- Hendrick Motorsports, Team Penske, Joe Gibbs Racing, Richard Childress Racing -- are physically based here, making Charlotte the sport's real operational center of gravity even though its sanctioning body isn't headquartered here.

Related Analysis

In 1994, 48 Companies Kept an Office Near Walmart's Headquarters. By 2001 It Was 445. Today It's Over 1,500. North Carolina's Grid Grew by 10 Terawatt-Hours in Fifteen Years. Duke Energy's Own Plan Has It Growing by 80 in the Next Fifteen.

Region Stats

Total firms 34

VC / investors 4

Companies 24

Schools 6

People 0

By Who For

Financial Services 10

Energy & Climate / Environment 4

Defense, Intelligence & Government 2

Finance 2

Known For

Banking

Battery & EV Materials

Motorsports