Biden Administration Allocates $3 Billion to Boost U.S. EV Battery Production
The funding will support 25 projects across 14 states, creating thousands of jobs and reducing reliance on foreign battery components.
- Michigan will receive $355 million for four projects, including facilities in Flint and Muskegon.
- Texas projects awarded $150 million to enhance lithium-ion battery materials and production capacity.
- The investment is part of a broader $16 billion initiative to strengthen America's battery supply chain.
- Projects are expected to generate over 12,000 construction and manufacturing jobs nationwide.
- Nearly 90% of the funded projects are located in or near disadvantaged communities, supporting economic growth.