DOE Announces Notice of Intent for Bipartisan Infrastructure Law Funding to Advance EV Battery Recycling and Second-Life Applications
DOE Announces Notice of Intent for Bipartisan Infrastructure Law Funding to Advance EV Battery Recycling and Second-Life Applications
Today, the U.S. Department of Energy (DOE) announced a notice of intent to provide up to $37 million from Bipartisan Infrastructure Law funding to advance electric vehicle (EV) battery recycling, transportation, and design. As of July 2023, more than 3.9 million plug-in electric vehicles have been sold in America, with more than half of those sold since President Biden took office. With the demand for EVs and stationary energy storage projected to increase the lithium battery market by as much as ten-fold by 2030, it is essential to invest in sustainable, reduced-cost recycling of lithium batteries in support of a secure, resilient, and circular domestic supply chain for critical materials.
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