U.S. to spend more than $3 bln on EV battery manufacturing -White House
Written by Black Hot Fire Network on May 3, 2022
WASHINGTON, May 2 (Reuters) - The Biden administration will allocate more than $3 billion in infrastructure funding to finance electric vehicle (EV) battery manufacturing, U.S. officials said on Monday.
The funds will be allocated by the Department of Energy from the $1 trillion infrastructure bill President Joe Biden signed last year. Among the initiatives will be processing of minerals for use in large-capacity batteries and recycling those batteries . . .
