Novolyte Technologies, Inc. Electric Drive Vehicle Battery and Component Manufacturing Initiative Project, Zachary, Louisiana
DOE determined that there would be no significant adverse impacts from DOE's proposed action of awarding a grant to Novolyte Technologies, Inc. to partially fund its expansion of a plant in Zachary, Louisiana, thereby increasing the plant's capacity to manufacture lithium electrolytes. This expansion would support the anticipated growth in the lithium-ion battery industry and, more specifically, the electric drive vehicle industry and hybrid-electric vehicle industry. DOe further determined that there could be beneficial impacts to the local economy and reduction in greenhouse gas emissions from implementation of Novolyte's proposed project.
