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US Department of Energy to Invest $2.91 Billion to Boost Advanced Batteries’ Production

The funding will support the development of domestic facilities for battery recycling and the production of battery materials, cell components, and advanced batteries.

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The U.S. Department of Energy (DOE) issued two notices of intent to invest $2.91 billion to enhance the production of advanced batteries, critical to the fast-growing clean energy industries, including electric vehicles and energy storage.

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