To help electric vehicles run, we also need to increase the production of lithium-ion batteries and we need responsible and sustainable internal sources of critical materials used to produce lithium-ion batteries such as lithium, cobalt, nickel and graphite, infrastructure Infrastructure Coordinator and Biden Senior Adviser Mitch Landrio told reporters.
Landrio added: “The bipartisan infrastructure law targets more than $ 7 billion to strengthen the US battery supply chain, which will help us avoid disruptions, reduce costs and speed up battery production in America to meet that demand. . Today, the Department of Energy announced $ 3.16 billion to support the production, treatment and recycling of batteries funded by the bipartisan infrastructure law. “
Biden had previously set a goal of electric vehicles accounting for more than half of all vehicle sales by 2030. The Infrastructure Act also includes $ 7.5 billion for electric vehicle chargers and $ 5 billion for electric transit buses. $ 5 billion for clean and electric school buses.
Funding will help secure the battery supply chain and build capacity, said National Economic Council Director Brian Deese, and will also improve competition in the United States. But it also has implications for national security amid the broader challenges to energy security and independence brought to light during the war in Ukraine over the past two months.
“We have even seen in recent days (President Vladimir) Putin trying to use Russia’s energy supplies as a weapon against other nations. And that underscores why it’s so important for us in the United States to reinvest and take back our own energy security, and building a reliable end-to-end supply chain for batteries and storing and manufacturing electric vehicles is one of the most important things that we can do to ensure this long-term energy security, which must ultimately include security for a clean energy economy, “Deese said.
This will help attract private investment and “put dozens of companies in the United States to build capacity in a way we haven’t done in decades,” Deese said.
$ 3 billion will go to the production and recycling of critical minerals, with no new extraction or extraction of locally produced materials.
“We will ensure that the United States is not only a world leader in battery production, but also in the innovation of modern battery technologies we need in the future, in providing the supply chain so that we can be less vulnerable to global supply disruptions, and this industry is resilient through the recycling of materials and the use of cleaner production processes, ”said climate adviser Gina McCarthy.
Funding will be distributed through federal grants, and employees expect to fund up to 30 grants after technical and commercial reviews and evaluations, officials said.
Add Comment