US Awards $3 Billion for EV Battery Production in 14 States
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce
U.S. Awards $3 Billion for EV Battery Production to Counter China
The $3 Billion financial grants will fund 25 projects in 14 states, including election battleground states such as Michigan and North Carolina.
Biden administration invests $3 billion to combat China’s dominance in US battery production
The Biden administration has announced over $3 billion in grants to enhance domestic production of advanced batteries and critical materials for electric vehicles. This funding will support 25 projects across 14 states.
Biden Awards $3 Billion to Boost Domestic Battery Production
American Battery Technology Co. and lithium-producer Albemarle Corp., are among 25 companies getting more than $3 billion in funding from the Biden administration to boost domestic production of advanced batteries and components.
Biden administration announces $3B for battery projects
The Biden administration on Friday announced that it has selected 25 battery technology projects to receive $3 billion in federal funding. The projects receiving federal funds pertain to various aspects of battery production,
DoE awards $3B for 25 projects to boost U.S. battery production
The Biden administration said Friday it is awarding more than $3B to 25 battery manufacturing projects in 14 states in an effort to boost domestic production of critical materials used for electric vehicles and shift the supply chain away from China.
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