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US allots $3.5 billion for domestic battery materials and production

November 16, 2023 Comments Off

The Biden administration is allocating up to $3.5 billion from the federal 2021 infrastructure law to ramp up domestic production of advanced batteries and battery materials, the US Energy Department said Nov. 15. The funds will be granted to projects focused on battery-grade processed critical minerals, battery precursor materials, battery components and cell and pack manufacturing, the DOE said in…