U.S. Department of Energy announces $131 million for EV battery supply chain, innovation projects

The projects are intended to reduce EV technology costs, increase driving range and build a secure and sustainable battery supply chain.

The U.S. Department of Energy (DOE) announced more than $131 million for projects to advance research and development in electric vehicle batteries and charging systems and funding for a consortium to address critical priorities for the next phase of widescale EV commercialization.

DOE said 27 projects were selected to…

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