Biden Administration Gives Big Boost to Domestic Battery Production
WASHINGTON—The U.S. Department of Energy (DOE) has announced $3.1 billion in funding from the Biden Administration’s Bipartisan Infrastructure Law to make more batteries and EV components in the United States. The investment will support the creation of new, retrofitted and expanded commercial facilities, as well as manufacturing demonstrations. A separate $60 million initiative will support second-life applications for batteries once used to power EVs, as well as new processes for recycling materials back into the battery supply chain.
“Positioning the United States front and center in meeting the growing demand for advanced batteries is how we boost our competitiveness and electrify our transportation system,” says U.S. Secretary of Energy Jennifer Granholm. “President Biden’s historic investment in battery production and recycling will give our domestic supply chain the jolt it needs to become more secure and less reliant on other nations—strengthening our clean energy economy, creating good paying jobs and decarbonizing the transportation sector.”