Navigation
Search
|
US Awards $3 Billion To Boost Domestic Battery Production
Saturday September 21, 2024. 01:01 PM , from Slashdot
American Battery Technology received $150 million to build a commercial-scale lithium-ion battery recycling facility in South Carolina. Albemarle is getting $67 million to retrofit a facility to manufacture commercial anode material for next-generation lithium-ion batteries around Charlotte, North Carolina. Other projects included $50 million for Cabot and $225 million for SWA Lithium, a joint venture of Standard Lithium and Equinor. Batteries -- which are used for electric vehicles as well as storing renewable energy for use on the electric grid -- are considered critical to reaching the administration's goal of net-zero emissions by 2050 and for boosting electric vehicles to half of all new light-duty vehicle sales by 2030. Read more of this story at Slashdot.
https://news.slashdot.org/story/24/09/20/1723225/us-awards-3-billion-to-boost-domestic-battery-produ...
Related News |
25 sources
Current Date
Sep, Thu 26 - 23:43 CEST
|