Seeking to counter China, US awards $3 billion for EV battery production in 14 states --[Reported by Umva mag]

WASHINGTON (AP) — The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production for EVs and other electronics. The grants will fund a total of 25 projects […]

Sep 20, 2024 - 09:26
Seeking to counter China, US awards $3 billion for EV battery production in 14 states --[Reported by Umva mag]
WASHINGTON (AP) -- The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China's global dominance in battery production for EVs and other electronics. Read More




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