Feds announce $355M for 4 electric vehicle battery projects in Michigan
Four projects will receive a combined $355 million in funding from the U.S. Department of Energy, officials announced Friday.
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
The Biden administration is awarding $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.
US to award $3 billion to 25 projects for battery manufacturing sector
Albemarle (ALB.N) is set to receive $67 million for a project in North Carolina to produce commercial quantities of anode material for next-generation lithium-ion batteries, while Honeywell (HON.O) is set to receive $126.6 million to build a commercial-scale facility in Louisiana to produce a key electrolyte salt needed for lithium batteries.
Michigan getting $355 million for EV battery projects in these communities
The funds are among $3 billion being distributed nationally as the Biden administration seeks to dethrone China as the world's top battery maker.
$3 billion in U.S. grants aim to boost EV battery production in these states
The Biden administration seeks to increase domestic production of EV batteries with a $3 billion award to U.S. companies.
US announces $3 billion in funding for new battery projects
The US Department of Energy announced today plans to dole out more than $3 billion to over two dozen battery projects across 14 states. The money will go toward processing critical minerals, building batteries and their components,
Louisiana projects get $292 million federal grant for EV battery components
Element 25, Honeywell get funding for operations that would create hundreds of construction and manufacturing jobs.
Michigan EV battery projects win $355M in federal energy grants
A Michigan startup that aims to source critical minerals from mine waste is among four projects receiving millions in grants from the federal government aimed at boosting domestic battery production.
The 25 battery tech startups that just got a piece of $3B in federal funds
This tranche of funding went to startups across 14 states, but there were certain winners that will see the bulk of the ...
U.S. House votes to overturn Biden vehicle emissions rule
The measure was led by Republican Rep. John James of Shelby Township, who criticized a "government takeover of our American ...
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Busting a Myth - Hybrid-Electric Vehicles Don’t “Just Run on Fossil Fuels”
We separate fact from fiction about hybrid-electric vehicles and how they are powered. Here’s how hybrid-electric vehicles employ electricity and other forms of energy to drive the vehicle and how ...
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US Government Hands Out $3 Billion For Battery Manufacturing
The U.S. Department of Energy (DOE) has announced an ambitious $3 billion initiative aimed at expanding domestic battery ...
3 Electric Vehicle (EV) Stocks That Could Go Parabolic
After years of subpar performance, there's now a light at the end of the tunnel for all three companies ... and their stocks.
U.S. to Distribute $3 Billion in Grants to 25 Battery Makers
The Energy Department says the boost to battery makers and suppliers willl support 12,000 production and construction jobs.
The Auto Industry Finally Has a Plan to Stop Electric Vehicle Fires
EVs can burn for days, firefighters have little or no training to deal with them, and conventional equipment isn’t effective.
Electric Vehicles And The Shift In Auto Manufacturing: A Rapidly Evolving Landscape
The process of ramping up EV production poses significant challenges, primarily stemming from production and supply chain ...
White House invests over $3 Billion to boost US electric vehicle battery production
The White House on Friday allocated more than $3 billion to American companies to increase domestic production of advanced ...
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Tropical Battery expands EV business with Tesla sales and service
Listed firm Tropical Battery is expanding its electric vehicle sales and servicing business. In a release on Thurs ...