Pub. 22 2023 Issue 1

The Battery Belt and New Jersey: We Are Not in It The Act helps to set the EV supply chain for increased EV battery production growth in the United States and for more American-made EVs that are independent of foreign EV battery production. New Jersey is not a Battery Belt state and does not benefit from the Act’s provisions. That status may change if the Murphy Administration, emboldened by the Act’s provisions, decides to create an economic incentive to encourage EV-related factories or EV battery production investment in the Garden State. The Act’s battery provisions will help those states located in the Battery Belt, where some automotive manufacturers and energy/IT companies have built (or will build) EV-related factories and battery facilities. According to the Center for Automotive Research, currently, the Battery Belt states (with their corresponding industry EV investors) include: • Alabama (Hyundai; Mercedes-Benz) • Arizona (Lucid Motors) • California (Tesla) • Georgia (Rivian Automotive; Hyundai) • Illinois (Lion Electric; Rivian Automotive) • Indiana (Stellantis; General Motors) • Kansas (Panasonic) • Kentucky (Ford) • Michigan (General Motors) • Mississippi (Nissan) • Missouri (Ford) • Nevada (Tesla and Panasonic, joint venture) • Ohio (Ford; Foxconn) • Texas (Tesla) • Tennessee (Ford; General Motors and LG Energy Solutions, joint venture; Volkswagen) Magdalena Padilla is NJ CAR’s Director of Government Affairs. She can be reached at mpadilla@njcar.org or 609.883.5056, x345. THE ACT HELPS TO SET THE EV SUPPLY CHAIN FOR INCREASED EV BATTERY PRODUCTION GROWTH IN THE UNITED STATES AND FOR MORE AMERICAN-MADE EVS THAT ARE INDEPENDENT OF FOREIGN EV BATTERY PRODUCTION. 23 njcar.org

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