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U.S. President Joe Biden delivers remarks to highlight electric vehicle manufacturing in America, during a visit to the Detroit Auto Show, September 14, 2022.
Kevin Lamarque | Reuters
The Biden administration on Wednesday said it will award $2.8 billion in grants for projects to expand U.S. manufacturing of batteries for electric vehicles and domestic mineral production.
The grants, which are funded through the president’s $1 trillion bipartisan infrastructure law, will enable manufacturing and processing companies in at least 12 states to extract and process more lithium, graphite, nickel and other battery materials.
The announcement is part of the administration’s broader push to…
Source cnbc.com
