On November 15, the U.S. Department of Energy (DOE) announced up to $3.5 billion in grants to boost U.S. facilities to produce advanced batteries, battery components and battery materials, such as lithium, nickel, cobalt and manganese. The DOE grants can cover up to 50% of the total project costs, with maximum awards of $300 million. The funding opportunity is open to both domestic and foreign entities, although the latter need to apply for a DOE waiver.
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