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Biden Awards $3 Billion to Boost Domestic Battery Production

  • The Biden administration is awarding over $3 billion to U.S. Companies to increase domestic production of advanced batteries for electric vehicles to challenge China’s dominance in the sector.
  • Companies must match the grants with a minimum $50 million investment, aiming to enhance U.S. Battery manufacturing as part of a wider climate strategy.
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ReutersReuters

US to award $3 billion to 25 projects for battery manufacturing sector

The U.S. Energy Department said Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to shift the supply chain away from China.

·United Kingdom
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Associated Press NewsAssociated Press News

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

·United States
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abc Newsabc News

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 China’s global dominance in battery production

·United States
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The Washington PostThe Washington Post

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 China’s global dominance in battery production

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The HillThe Hill

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, including mineral extraction and refining, battery recycling and battery materials manufacturing.  The funds come from the 2021 Bipartisan Infrastructure Law and will…

·Washington, United States
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Winnipeg Free PressWinnipeg Free Press

Seeking to counter China, US awards $3 billion for EV battery production in 14 states

WASHINGTON (AP) — The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of […]

·Winnipeg, Canada
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