Editor’s Note: Apologies to our readers — our previous breaking news email included an incorrect link for this story. The link has now been updated.
The Biden administration is offering $3.5 billion in funds to advance U.S. battery manufacturing.
The Department of Energy will direct funds towards projects that advance the production of batteries and battery materials, including new facilities, site expansions and renovations.
It also marks the second phase of funds from a total of $6 billion slated from the Bipartisan Infrastructure Law for domestic battery production. Read more on our website.