WASHINGTON, D.C. -- The U.S. Department of Energy (DOE) announced up to $45 million in funding to support the domestic development of advanced batteries for electric vehicles.

Through DOE's Advanced Research Projects Agency-Energy (ARPA-E), the Department is launching the Electric Vehicles for American Low-Carbon Living (EVs4ALL) program to develop more affordable, convenient, efficient and resilient batteries.

"Advanced batteries are the heartbeat of the electric vehicle industry and investments to make them charge faster and last longer will be critical to accelerate the deployment of electric cars and trucks," said U.S. Secretary of Energy Jennifer M. Granholm.  

The ARPA-E EVs4ALL funding opportunity aims to address faster charging, increasing efficiency and improving resilience.

In addition to unveiling the EVs4ALL program, DOE announced $3.1 billion in funding to boost production of advanced batteries, which are critical to supporting the creation of new, retrofitted, and expanded commercial facilities and demonstrations that manufacture battery materials, cell components, and batteries, along with battery recycling.

DOE also announced a separate $60 million to support second-life applications for batteries once used to power electric vehicles, as well as new processes for recycling materials back into the battery supply chain. Both funding opportunities, authorized by President Biden's Bipartisan Infrastructure Law, will strengthen our domestic battery supply chain, spur the creation of clean energy jobs, and support the President's goal to have electric vehicles make up half of all vehicle sales in America by 2030.  

Last year, in response to President Biden's Executive Order on America's Supply Chains, DOE issued a 100-day review of the large capacity battery supply chain which recommended establishing domestic production and processing capabilities for critical materials to support a fully domestic end-to-end battery supply chain. In total, the Bipartisan Infrastructure Law directs nearly $7 billion to strengthen the U.S. battery supply chain, which includes producing and recycling critical minerals without new extraction or mining and sourcing materials for domestic manufacturing.



Source: The US Department of Energy (DOE)