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{"id":4976,"date":"2022-05-03T15:48:41","date_gmt":"2022-05-03T15:48:41","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/05\/03\/department-of-energy-boosts-domestic-battery-supply-chain-with-billions-in-funding\/"},"modified":"2022-05-03T15:48:42","modified_gmt":"2022-05-03T15:48:42","slug":"department-of-energy-boosts-domestic-battery-supply-chain-with-billions-in-funding","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/05\/03\/department-of-energy-boosts-domestic-battery-supply-chain-with-billions-in-funding\/","title":{"rendered":"Department of Energy boosts domestic battery supply chain with billions in funding"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/5\/2\/23053839\/energy-department-battery-ev-clean-energy-supply-chain-biden<\/a>
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The Department of Energy (DOE) opened up billions of dollars in funding today to build up domestic supply chains for batteries. Batteries will be crucial in the Biden administration\u2019s plans to transition the nation to electric vehicles and clean energy.<\/p>\n

The DOE says in its announcement<\/a> that it will give $3.1 billion to companies to boost \u201cthe creation of new, retrofitted, and expanded commercial facilities\u201d to process materials, make batteries, and recycle them at the end of their lives. Another $60 million in grants from the DOE will fund efforts to find second uses for old EV batteries. The money comes from the Bipartisan Infrastructure Law that passed last year. <\/p>\n

The bigger picture: the Biden administration has set pretty big goals for clean energy and transportation in the US. He committed the US, under the Paris climate agreement, to halving its greenhouse gas emissions<\/a> this decade. To do that, the administration wants to get the power grid to run completely on carbon pollution-free energy by 2035<\/a> and make sure that half of all new car sales<\/a> are electric or hybrid vehicles by the end of the decade.<\/p>\n

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