This round of investment builds off of a previous round of program funding in which DOE awarded a total of $1.82 billion to 14 projects. Round one awardees will build and expand commercial-scale facilities to extract lithium, graphite, and other battery materials, and battery component manufacturing.
The battery box assembly plant in Iruña de Oca (Alava) will receive an investment of 32.26 million euros and aid of 4.8 million euros, and another similar plant in Almusafes (Valencia) will receive an investment of 33.38 million euros and five million euros in aid.
The project will finance the construction of four high-voltage (HV) and four low-voltage (LV) battery pack assembly lines in Springboro, Ohio. ABS will also upgrade its existing battery cell testing and quality control equipment at its existing facility in Lake Orion, Michigan.
As part of the Battery Materials Processing and Battery Manufacturing and Recycling Program, DOE is enabling $16 billion in total investment for battery manufacturing, processing, and recycling.
Learn more about the portfolio below. Funded with $2.8 Billion through the Bipartisan Infrastructure Law, the portfolio of 21 projects supports new, retrofitted, and expanded commercial-scale domestic facilities to produce battery materials, processing, cell components, and battery recycling.
This project is one of many projects benefitting from these efforts, and it will strengthen the domestic lithium-ion battery manufacturing base and supply ecosystem. The project will directly benefit Springboro, Ohio, and Lake Orion, Michigan, as well as several surrounding communities.
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U.S. Department of Energy Selects 11 Projects to Advance …
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Bipartisan Infrastructure Law: Battery Materials
Funded with $2.8 Billion through the Bipartisan Infrastructure Law, the portfolio of 21 projects supports new, retrofitted, and expanded commercial-scale domestic facilities to produce battery materials, processing, cell components, and …
NY utility approves battery storage project on shuttered US …
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DOE Invests $25M in Next-Generation Battery Manufacturing Projects
3 · "For decades, America has been a leader in battery innovation, and under the Biden-Harris Administration we''ve built a foundation to keep this momentum growing into the next generation," stated U.S. Secretary of Energy Jennifer M. Granholm. "The projects announced build on this success, enhancing our national security while delivering jobs for American …
11 Projects for Advancing Next-Gen Batteries in USA
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Battery sector gets $3B from Biden administration
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11 Projects for Advancing Next-Gen Batteries in USA
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New plants Ford will receive 37.6 million euros in grants for its new battery assembly plant serving 100% electric vehicles in Almusafes (Valencia), out of a total investment of 188 million euros. Basquebolt''s cell manufacturing plant in Vitoria (Álava) will receive 14.7 million euros out of a total investment of 97.9 million euros.
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Bipartisan Infrastructure Law: Battery Materials ...
Funded with $2.8 Billion through the Bipartisan Infrastructure Law, the portfolio of 21 projects supports new, retrofitted, and expanded commercial-scale domestic facilities to produce battery materials, processing, cell components, and battery recycling.
Greenlight for ''Europe''s largest'' battery project in Germany
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U.S. Department of Energy Selects 11 Projects to Advance …
WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced an investment of $25 million across 11 projects to advance materials, processes, machines, and equipment for domestic manufacturing of next-generation batteries.These …