MISSION & VALUE PROPOSITION

Build a secure, resilient domestic EV value chain, linking use-inspired research and development, venture capital, technology commercialization, workforce development, broad community engagement, and data-driven industry recommendations to expand electrified transportation in the Southeast and nationwide, creating 50,000 - 122,000 regional jobs and a 30% growth of region’s market share. 

VISION

Establish the Battery Belt as the national epicenter of electric transportation by connecting industry to breakthrough research and development innovations, supporting resilient manufacturing, and developing a skilled workforce to ensure national security and lasting domestic prosperity for future generations. 

Cross-sector Partnerships & Stakeholder Alignment 

• Establish robust ecosystem of cross-sector partnerships
• Foster alignment among industry, government, and research institutions
• Maintain and update industry databases
• Publish challenge briefs
• Engage states in policy adoption of alternative revenue models 
• Increase stakeholder engagement events

Use-Inspired Research & Development

• Advance research in battery technologies, power systems, and materials science
• Maintain cutting-edge databases
• Publish actionable insights
• Increase industry-led R&D investments
• Improve EV component efficiency
• Update research databases quarterly
• Improve graphite yield
• Enhance bi-directional power systems
• Develop EV fire safety system

Translation of Innovation
to Practice

• Bridge the gap between research and commercialization
• Expand access to research facilities and prototyping networks
• Increase industry use of prototyping facilities
• Accelerate time-to-market for new EV technologies 
• Complete regional facility inventory
• Support commercialization of industry-driven innovations 

Workforce
Development

• Develop career pathways
• Introduce new workforce development programs annually 
• Achieve high job placement rate
• Increase training program enrollment
• Achieve employment alignment
• Retain skilled workers 
• Achieve high certification rate of new workforce entrants

Regional Engagement 

• Drive widespread EV adoption and infrastructure development
• Engage regional stakeholders
• Advance nationwide charging strategy
• Increase regional EV adoption interest
  

Strategic Investment

• Catalyze regional economic growth
• Establish $50M MAGNET-Made Fund
• Support high-potential startups
• Back high-impact ventures
• Drive job creation
• Expand the region’s industry influence
• Track funding outcomes and economic growth impact 

Governance & Management 

• Assemble highly skilled leadership team
• Maintain quarterly review process for governance effectiveness 
• Implement performance tracking system for all key initiatives