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batteries

  • FILE - An employee works in the X3, X45 assembly hall at the BMW Spartanburg plant in Greer, S.C., Oct. 19, 2022. BMW said Wednesday, Oct. 19, that it will invest $1 billion in its sprawling factory near Spartanburg, to start building electric vehicles and an additional $700 million to build a battery plant nearby. (AP Photo/Sean Rayford, File)
    SC News
    US awards $2.8B in grants for EV batteries in 12 states
    Matthew Daly/Associated Press
    The Biden administration on Wednesday awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals. The announcement comes as the administration seeks to boost production and sales of electric vehicles as a key part of President Joe Biden's strategy to slow climate change and build up U.S. manufacturing.