Biden-Harris administration announces US$ 3 billion in grants for 25 battery manufacturing projects
Policy

Biden-Harris administration announces US$ 3 billion in grants for 25 battery manufacturing projects

Investing in America agenda will generate US$ 16 billion in total investment to onshore critical materials like lithium

  • By ICN Bureau | September 21, 2024

As part of the Biden-Harris Administration’s investing in America agenda, the U.S. Department of Energy (DOE) today announced over $3 billion for 25 selected projects across 14 states to boost the domestic production of advanced batteries and battery materials nationwide.

The portfolio of selected projects, once fully contracted, are projected to support over 8,000 construction jobs and over 4,000 operating jobs. Batteries are critical to strengthening the U.S. grid, powering American homes and businesses, and supporting the electrification of the transportation sector.

Administered by DOE’s Office of Manufacturing and Energy Supply Chains (MESC), the selected projects will retrofit, expand, and build new domestic facilities for battery-grade processed critical minerals, battery components, battery manufacturing, and recycling. Under the Biden-Harris Administration, the private sector has made a historic $120 billion investment in the EV supply chain and this program is integral to the President’s clean energy industrial strategy to bolster a domestic supply chain that enhances America’s energy security and economic competitiveness.

“We’re in the midst of a manufacturing revival in the United States as the Biden-Harris Administration’s Investing in America agenda continues to breathe new life into communities and local economies across the country,” said U.S. Secretary of Energy Jennifer M. Granholm. “By positioning the U.S. at the forefront of advanced battery manufacturing, we are creating high-paying jobs and strengthening our global economic leadership and domestic energy security, all while supporting the clean energy transition.”

“The Biden-Harris administration is using every available tool to onshore and friend-shore the supply chain for EVs and batteries, working with our allies and partners, for the benefit of our national security, our economy, and our planet,” said John Podesta, Senior Advisor to President Biden for International Climate Policy. “Today’s battery manufacturing grants from DOE will boost America’s manufacturing base, create good-paying union jobs all over the country, and help tackle the climate crisis.”

“Since Day One of this Administration, President Biden and Vice President Harris have acknowledged that taking action on climate change and rebuilding our domestic manufacturing capacity are mutually reinforcing goals. Nowhere is that more true than in the supply chain for a clean energy economy—whether that’s batteries for electric vehicles, energy storage, or a range of other applications,” said White House National Climate Advisor Ali Zaidi. “Today’s game-changing announcement is helping support the technologies that we need in the market today, the components that we will need in the near future, and the innovative technologies we need to advance our vision for a circular domestic battery supply chain that positions the United States to continue leading the global effort on clean energy.”   

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