DOE awards $2.8B to battery companies to boost domestic production

The Biden-Harris administration, through the Department of Energy (DOE), announced Wednesday that 20 battery companies will receive a combined $2.8 billion to build and expand commercial-scale facilities in 12 states.
This is the first phase of $7 billion in total from President Biden’s Infrastructure Law that aims to strengthen domestic battery supply chains and reduce reliance on China for battery supply and production as more vehicles become electrified. The companies getting funds will work to extract and process lithium, graphite and other battery materials, manufacture components a

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