Administration Awards $2.8 Billion to Supercharge U.S. Manufacturing of Batteries for Electric Vehicles and Electric Grid
DOE announced the first set of projects funded by the Bipartisan Infrastructure Law (BIL) to expand domestic manufacturing of batteries for electric vehicles and the electrical grid and for materials and components currently imported from other countries. Twenty companies will receive a combined $2.8 billion to build and expand commercial-scale facilities?in at least 12 states, and the investment will be matched by recipients to leverage a total of more than $9 billion to boost American production of clean energy technology.