DOE to award $2.91 billion to boost production of advanced batteries
2022-02-14 13:37:20 [Print]
The US Department of Energy (DOE) on February 11 issued two notices of intent to provide a total of $2.91 billion to boost production of the advanced batteries that are critical to rapidly growing clean energy industries of the future, including electric vehicles and energy storage. DOE intends to fund battery materials refining and production plants, battery cell and pack manufacturing facilities, and recycling facilities.
The first opportunity (DE-FOA-0002677) is anticipated to provide approximately $2.8 billion to fund research and development within electric vehicle battery processing and increase domestic battery manufacturing. The overall scope includes demonstrations and commercial facilities for battery-grade precursor materials, battery components, and cell manufacturing and recycling.
It is anticipated that the second FOA (DOE-FOA-0002679) will provide approximately $60 million to fund research, development, and demonstration, of electric drive vehicle battery recycling and second use applications. This notice of intent supports reuse, second use, and innovative recycling processing to achieve scale-up and profitability.
The first opportunity (DE-FOA-0002677) is anticipated to provide approximately $2.8 billion to fund research and development within electric vehicle battery processing and increase domestic battery manufacturing. The overall scope includes demonstrations and commercial facilities for battery-grade precursor materials, battery components, and cell manufacturing and recycling.
It is anticipated that the second FOA (DOE-FOA-0002679) will provide approximately $60 million to fund research, development, and demonstration, of electric drive vehicle battery recycling and second use applications. This notice of intent supports reuse, second use, and innovative recycling processing to achieve scale-up and profitability.
Lithium Iron Phosphate Li 3.9%min Delivered China
Unit:RMB/mt
China's ithium iron phosphate producers' inventory to production ratio statistics by province by month
Unit: %
