The Biden-Harris Administration has announced an investment of more than $3 billion to support 25 advanced battery manufacturing and related projects in the 14 designated U.S. states.
An investment that will boost battery manufacturing
This plan is part of the current administration’s“Invest in America” agenda. It also aims to strengthen the domestic battery supply chain, generate more than 12,000 jobs and improve the country’s energy security.
The selected projects, managed by the Department of Energy’ s(DOE) Office of Manufacturing and Energy Supply Chains(MESC), seek to modernize and expand facilities for the production of critical minerals and battery componentsessential for the electrification of the nation’s transportation and the nation’s energy grid. These efforts also promote the recycling of battery materials, helping to consolidate a secure and sustainable supply chain.
U.S. Secretary of Energy Jennifer M. Granholm emphasized that this investment positions the United States as a leader in advanced battery manufacturing, while creating high-paying jobs and reinforcing the country’s global leadership in the transition to clean energy. In addition, the administration aims to reduce dependence on international supply chains and ensure that the U.S. has a robust, self-reliant battery manufacturing capability.
This announcement is also part of the “Justice40 Initiative“, which ensures that 40% of the benefits of these investments reach disadvantaged communities, promoting equity and access to opportunities in the new energy landscape.
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Source: DOE
Photo: Shutterstock
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