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Biden-Harris Administration Announces $3.5 Billion to Strengthen Domestic Battery Manufacturing.

Biden-Harris Administration Announces $3.5 Billion to Strengthen Domestic Battery Manufacturing.

Wednesday, November 15, 2023

Today, two years after President Biden signed the Bipartisan Infrastructure Law, the U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide. As part of President Biden’s Investing in America agenda, the funding will create new, retrofitted, and expanded domestic facilities for battery-grade processed critical minerals, battery precursor materials, battery components, and cell and pack manufacturing, all of which are critical to supporting clean energy industries of the...Read More

DOE Announces Up to $44M in Funding for Critical Clean Energy Technologies

DOE Announces Up to $44M in Funding for Critical Clean Energy Technologies

Tuesday, November 14, 2023

The U.S. Department of Energy (DOE) is seeking applications for the Fiscal Year 2024 (FY24) Core Laboratory Infrastructure for Market Readiness (CLIMR) Lab Call. Based on FY23, an estimated $37.7M–$44.7M is expected to be available to fund all projects solicited in this lab call pending FY24 appropriations and program direction. The total funding amount available will be applied once an official FY24 DOE budget is passed.  

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Exxon Mobil Plans to Produce Lithium in Arkansas

Exxon Mobil Plans to Produce Lithium in Arkansas

Monday, November 13, 2023

Exxon Mobil said on Monday that it planned to set up a facility in Arkansas to produce lithium, a critical raw material for electric vehicles, which pose one of the biggest challenges to the company’s oil business.

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Thailand, Toyota to jointly develop domestic EV industry

Thailand, Toyota to jointly develop domestic EV industry

Thursday, November 9, 2023

BANGKOK, Nov 9 (Reuters) - Thailand will work with Toyota Motor Corp (7203.T) in developing the country's electric vehicle (EV) industry, Prime Minister Srettha Thavisin said after a meeting with the automakers' executives.

"Toyota said it sees the potential of Thailand's auto manufacturing industry especially in pick-up trucks and eco-cars," the government said in a statement on Thursday.

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The $2 Million Coal Mine That Might Hold a $37 Billion Treasure

The $2 Million Coal Mine That Might Hold a $37 Billion Treasure

Thursday, November 9, 2023

Twelve years ago, former Wall Street banker Randall Atkins bought an old coal mine outside Sheridan, Wyo., sight unseen, for about $2 million. 

He thought the mine might eke out a profit. Instead, Atkins recently learned it could bring a windfall. 

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GM, Stellantis invest in EV magnet startup in move to reduce China reliance

GM, Stellantis invest in EV magnet startup in move to reduce China reliance

Wednesday, November 8, 2023

Nov 8 (Reuters) - General Motors (GM.N) and Stellantis (STLAM.MI) said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to curb its reliance on China.

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Best Way to Extinguish a Flaming Electric Vehicle? Let It Burn

Best Way to Extinguish a Flaming Electric Vehicle? Let It Burn

Wednesday, November 8, 2023

Firefighters called to extinguish an electric-vehicle fire are discovering the surest approach is to stand back and watch it burn.

Electric cars combust differently than their gas-powered counterparts. Firefighters and researchers said EV fires last longer, are harder to put out and have a tendency to reignite. 

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The Private Sector Accounts for 89% of Announced American-Made Battery Investments

The Private Sector Accounts for 89% of Announced American-Made Battery Investments

Monday, November 6, 2023

Announcements of private sector investments in American-made battery technologies have been increasing over the last few years, with 208 as of September 2023. There have also been 27 Federal investment announcements. The map below shows locations of new announcements of minerals extraction and processing, battery component manufacturing, battery cell manufacturing, and battery pack manufacturing. 

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Senators urge US to take steps to boost battery production, citing China

Senators urge US to take steps to boost battery production, citing China

Monday, November 6, 2023

WASHINGTON, Nov 6 (Reuters) - Two influential Democratic U.S. senators urged the Energy Department to take steps to boost U.S. battery manufacturing and next-generation battery research, citing China's dominance and export controls, according to a letter seen by Reuters.

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Lithium producers stay bullish on EVs despite growing headwinds

Lithium producers stay bullish on EVs despite growing headwinds

Thursday, November 2, 2023

Nov 2 (Reuters) - The world's largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.

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