The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states.
WASHINGTON — The Biden administration on Wednesday awarded $2.8 billion in grants to boost domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals, officials said.
“Unfortunately, the U.S. is almost a non-player in the lithium game,’’ Melsert said, noting that less than 1% of lithium products globally are made in the U.S. The federal grants announced Wednesday are funded by last year’s $1 trillion infrastructure law and are separate from an executive order Biden issued last spring invoking the Defense Production Act to boost production of lithium and other critical minerals used to power electric vehicles.
Biden insisted that politics played no part in the grant awards. “If a district deserves the project they’re going to get it,’’ he said. Even as Granholm and other officials tout success in boosting the U.S. EV industry, automakers are warning that the vast majority of EV purchases won’t qualify for the full $7,500 tax credit.
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