Biden Administration Rolls Out $3 Billion EV Battery Program

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The Biden administration will invest nearly $3 billion to fund domestic battery manufacturing projects in the coming months, the Department of Energy announced Friday.

“As electric cars and trucks continue to grow in popularity within the United States and around the world, we must seize the chance to make advanced batteries — the heart of this growing industry — right here at home,” Secretary of Energy Jennifer Granholm said in a statement Friday.


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