Biden administration awards $3 billion to boost domestic EV battery production in bid to counter China
Briefly

The grants announced Friday mark the second round of EV battery funding under the bipartisan infrastructure law approved in 2021, totaling over $3 billion for boosting domestic battery production.
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, which is vital to reduce China's dominance of this critical sector.
The Biden-Harris administration is committed to making batteries in the United States that are vital for powering our grid, homes, businesses, and America's iconic auto industry.
The recent funding represents a broader effort to bolster U.S. manufacturing of electric vehicles and critical materials as part of the strategy to combat climate change.
Read at Fortune
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