The U.S. Southeast has emerged as a leading hub for battery and electric vehicle manufacturing. Alabama, Georgia, North Carolina, South Carolina, and Tennessee have collectively captured 40% of announced U.S. battery investment since 2021, driven by strong industrial fundamentals and proximity to automakers. However, the current industrial base remains concentrated in downstream activities like cell production and vehicle assembly, while much of the high-value upstream supply chain remains underdeveloped.

This study models the potential economic potential of expanding the battery supply chain in the Southeast. Over the next ten years, under a supportive policy scenario, the region could capture:

• Over $100 billion in investment

• $140 billion in economic output

• $61.7 billion in GDP growth

• 374,000 jobs