Biden administration announces $3.1 billion for America’s battery shortage

Biden administration announces $3.1 billion for America’s battery shortage

The White House announced $3.16 billion is on the way to help with the battery shortage in America.

The money, which will come from funds in the recently enacted Bipartisan Infrastructure Law, was announced by the White House and the Department of Energy on Monday. Officials promise the money will help domestic manufacturers make more batteries in the U.S., iron out supply chain issues for components, and also mitigate some of the environmental impacts from battery manufacturing.

“We need a…


Source link

About search

Check Also

Stock market today: Dow aims for 6th day of gains while Nasdaq slips – Yahoo Finance

Stock market today: Dow aims for 6th day of gains while Nasdaq slips – Yahoo Finance

[unable to retrieve full-text content]Stock market today: Dow aims for 6th day of gains while …

Leave a Reply

Your email address will not be published. Required fields are marked *