Biden-Harris Administration Announces $3.5 Billion to Strengthen Domestic Battery Manufacturing.
Biden-Harris Administration Announces $3.5 Billion to Strengthen Domestic Battery Manufacturing.
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 future, such as renewable energy and electric vehicles.
Read more here