US spending money to spur domestic battery production

Enlarge / Batteries roll through an automated assembly line. (credit: xPACIFICA/Getty Images)

On Monday, the US Department of Energy announced that it was releasing over $3 billion in funds to stimulate the production of batteries within the country. The funding is divided into two chunks, one intended to spur the processing of battery materials and manufacturing demos and the second for stimulating the reuse and recycling of electric vehicle batteries.

Shortly after taking office, President Joe Biden's administration started a review of the lithium battery industry in the US. The result was a "National Blueprint" that set out a series of priorities for stimulating domestic production and use.

These include:

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