The US Department of Energy (DoE) will begin deploying the $60bn allotted it under the bipartisan infrastructure law passed year with more than $7bn going into strengthening the country’s battery manufacturing supply chain as demand gears up for electric vehicles (EVs) and power storage systems.
The DoE will offer the first round of $3.16bn to boost advanced battery manufacturing and recycling as part of the Biden administration’s ambitions of reorienting the automobile market towards electric vehicles (EVs) by 2030 while reducing national carbon emissions.
