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supply chain US

The US Southeast is getting its first EV battery supply chain project

Adhikansh Gupta

• 2 min read
The US Southeast is getting its first EV battery supply chain project

Japan's UBE Corporation will invest $500 million to build an EV battery chemicals factory in Louisiana, creating jobs and reducing reliance on Chinese imports. The factory will produce ingredients for lithium-ion batteries, enhancing battery life and driving range. UBE's environmentally friendly process will establish a US supply chain for battery components. The factory is expected to become operational by late 2026.

Source: Link

FAQ - US Southeast EV Battery Project

FAQ: The US Southeast is getting its first EV battery supply chain project

1. What is the EV battery supply chain project announced for the US Southeast?

Answer: The project involves the construction of an EV battery chemicals factory by Japan's UBE Corporation in Louisiana. This factory aims to establish a US EV battery supply chain to boost competitiveness and create job opportunities in the region.

2. Who is investing in the US Southeast EV battery supply chain project?

Answer: Japanese Chemical Company UBE has announced a $500 million investment to build a facility in Louisiana that will serve the growing EV battery market. Additionally, Hyundai Motor Group has plans to invest $5.54 billion in Georgia for a supply chain related to EV batteries and components.

3. Where exactly will the new EV battery chemicals factory be built?

Answer: The new EV battery chemicals factory will be built in Louisiana, as part of UBE Corporation's investment.

4. How does the Biden-Harris Administration plan to support EV battery supply chains?

Answer: The Biden-Harris Administration has announced new private and public sector investments to promote affordable electric vehicles, which includes supporting the development of EV supply chains and boosting US competitiveness. They have also announced significant grants, such as $623 million in grants to continue building out the electric vehicle infrastructure.

5. What is the expected impact on job creation from this investment?

Answer: Specific figures for job creation are not provided in the information given, but the project is expected to create "good-paying jobs" according to the White House briefing. Similarly, there is a strong emphasis on job creation and US competitiveness in all related investments for the EV supply chain developments in the region.

6. Are there other similar investments in the EV battery supply chain within the US?

Answer: Yes, in addition to UBE Corporation’s chemical plant in Louisiana, Hyundai Motor Group's investment in Georgia, and a $2 billion electric vehicle battery plant by Gotion in Illinois are examples of significant investments in the EV battery supply chain in the US.

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