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Home » Finance » US Department of Energy Allocates $3.5 Billion to Boost Advanced Battery Production
Energy Storage

US Department of Energy Allocates $3.5 Billion to Boost Advanced Battery Production

By Michelle AdkinsNovember 21, 20232 Mins Read
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Energy Storage. (Credit: Sembcorp-Industries)
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In a significant move to fortify the United States' role in the renewable energy and electric vehicle (EV) sectors, the US Department of Energy (DoE) is set to make available up to USD 3.5 billion (EUR 3.2bn) from the Bipartisan Infrastructure Law. This funding initiative aims to enhance domestic production capabilities for advanced batteries and

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Battery Bipartisan Infrastructure Law Electric Vehicle Energy Storage Funding Infrastructure Lithium Renewable energy United States US Department of Energy
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