NIA member Cabot Corporation is in line for up to $50 million in U.S. federal funding to build the country's first commercial-scale carbon nanotube facility, targeting a critical gap in the domestic battery supply chain.
The Michigan plant will produce CNTs and conductive additives for electric vehicle batteries, directly reducing U.S. dependence on imported materials for the energy transition.
Cabot Corporation, NIA Member, Secures $50 Million DOE Award to Boost U.S. Battery Supply Chain
NIA Staff
1 min read
Summary
We are proud to announce that Cabot Corporation, a valued member of the Nanotechnology Industries Association (NIA), has been selected for an award negotiation of up to $50 million by the U.S. Department of Energy. This funding will support the construction of the first-ever U.S. commercial-scale facility for battery-grade carbon nanotubes (CNTs) and conductive additive dispersions—key components in lithium-ion batteries for electric vehicles (EVs) and energy storage systems.
The new facility, located in Wayne County, Michigan, represents a major step forward in enhancing the domestic battery supply chain, reducing reliance on imports, and creating hundreds of new jobs. This initiative, supported by the DOE as part of the Bipartisan Infrastructure Law, will help Cabot continue to drive innovation and sustainability in the energy sector.
