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These States Will Dominate EV Battery Manufacturing in 2030

by
CNBC
January 19, 2023
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Summary

Michigan, Georgia and Kentucky are all seeing significant multi-billion dollar investments in the construction of EV battery manufacturing facilities. When complete, these facilities are expected to support manufacturing between 10 to 13 million electric vehicles per year.

Georgia, Kentucky and Michigan are going to dominate electric vehicle battery manufacturing in the United States by 2030.

Each of those three states will be able to manufacture between 97 and 136 gigawatt hours’ worth of EV batteries per year by 2030, according to plans they have laid out.

Kansas, North Carolina, Ohio and Tennessee will also be key players, with planned capacity for between 46 and 97 gigawatt hours’ of EV battery production per year by 2030.

This planned manufacturing capacity was highlighted by the U.S. Department of Energy on Monday, based on a November 2022 report from the Argonne National Laboratory in November.

Read more here.

CNBC
CNBC

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