U.S. awards $2.8 billion for EV battery, grid projects ...Middle East

The Biden administration will announce on Wednesday it is awarding $2.8 billion in grants for projects to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production, a White House official told Reuters. The White House is also launching an effort to strengthen critical mineral supply chains as automakers race to expand U.S. electric vehicle and battery production dubbed the "American Battery Material Initiative."

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