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Reading: Energy Department tries to boost US battery industry with another $3.5 billion in funding
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Uae Build > Blog > UAE > Energy > Energy Department tries to boost US battery industry with another $3.5 billion in funding
Energy

Energy Department tries to boost US battery industry with another $3.5 billion in funding

By admin
Last updated: April 18, 2024
1 Min Read
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The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.

Batteries are seen as an important climate solution because they can power cars, which are a major cause of climate change when they burn gasoline. They are also a solution when they store clean electricity made from solar panels or wind turbines, allowing gas…



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