Energy-Efficient Battery Materials
To meet the expanding electric vehicle market, the U.S. Infrastructure Act awarded Louisiana $320 million to boost the supply of essential battery components. Several companies are leveraging funding and meeting demand in Louisiana
Constructing a new facility in Vidalia to expand its production of graphite-derived active anode material (AAM). The expansion comes after Tesla Inc. signed an offtake agreement in December 2021 to provide AAM for use in batteries.
Establishing a rare earth oxide separation and purification facility in Rapides Parish for electric vehicle, wind turbine and consumer goods supply chains.
Outside of EV batteries, the manufacturing of sustainable goods and energy-efficient technologies is seeing major investments.
Investing $45 million to expand its compressor assembly facility to keep pace with increased global demand for energy-efficient air conditioning.
A carbon-negative materials company investing over $750 million to develop a biomass manufacturing facility to produce plant-based polyethylene terephthalate (PET). PET is used in packaging, textiles and garments.