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$2.8 Bln To 20 US Companies To Boost Domestic Manufacturing Of EV Batteries

President Joe Biden has announced the first set of projects funded by the Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries.

Biden also launched an "American Battery Materials Initiative" to strengthen critical mineral supply chains.

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by Joji Xavier

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