Industry Intelligence

Battery Manufacturing

Battery manufacturing has become one of the largest concentrations of new industrial investment in the United States. A network of cell plants is taking shape across the Midwest and Southeast, connecting automakers, battery producers, critical-material suppliers and energy-storage markets. Federal production incentives have accelerated that build-out, while the next test will be whether announced capacity converts into sustained domestic production.

Projects
11
Investment
$46.45B
Jobs
27,950
Companies
10
States
10
Geographic Distribution

Projects across the country

Top investing states

Battery Manufacturing by state

  1. North Carolina
    $13.90B
    1 proj · 5,100 jobs
  2. Michigan
    $6.00B
    2 proj · 3,400 jobs
  3. Kentucky
    $5.80B
    1 proj · 5,000 jobs
  4. Ohio
    $4.40B
    1 proj · 2,200 jobs
  5. Georgia
    $4.30B
    1 proj · 3,400 jobs
  6. Kansas
    $4.00B
    1 proj · 4,000 jobs
  7. Indiana
    $3.20B
    1 proj · 1,400 jobs
  8. Mississippi
    $2.50B
    1 proj · 2,000 jobs
  9. Tennessee
    $2.30B
    1 proj · 1,300 jobs
  10. Massachusetts
    $50.0M
    1 proj · 150 jobs
Top companies

By announced investment

  1. Toyota
    $13.90B
    1 proj · 5,100 jobs
  2. Ford & SK On
    $5.80B
    1 proj · 5,000 jobs
  3. GM & LG
    $4.80B
    2 proj · 3,000 jobs
  4. Honda & LG Energy Solution
    $4.40B
    1 proj · 2,200 jobs
  5. Hyundai-LG Energy Solution
    $4.30B
    1 proj · 3,400 jobs
  6. Panasonic Energy
    $4.00B
    1 proj · 4,000 jobs
  7. Ford
    $3.50B
    1 proj · 1,700 jobs
  8. Stellantis & Samsung SDI
    $3.20B
    1 proj · 1,400 jobs
  9. Amplify Cell Technologies
    $2.50B
    1 proj · 2,000 jobs
  10. Factorial Energy
    $50.0M
    1 proj · 150 jobs
Every tracked project

Battery Manufacturing ledger · 11