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.
Today's awards move us closer to achieving the administration's goal of building an end-to-end supply chain for batteries and critical minerals here in America, vital to reduce China's dominance.
The grants announced Friday mark the second round of EV battery funding under the bipartisan infrastructure law approved in 2021, totaling nearly $35 billion in U.S. investments.
The Biden-Harris administration is committed to making batteries in the United States vital for powering our grid, homes, businesses, and America's iconic auto industry.
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