Four projects will receive a combined $355 million in funding from the U.S. Department of Energy, officials announced Friday.

The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce

The US Department of Energy announced today plans to dole out more than $3 billion to over two dozen battery projects across 14 states. The money will go toward processing critical minerals, building batteries and their components,

The Energy Department says the boost to battery makers and suppliers willl support 12,000 production and construction jobs.

The U.S. Energy Department said Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to shift the supply chain away from China.

More than $3 billion will go to 25 projects across 14 states to increase domestic production of advanced batteries, the U.S. Department of Energy announced Friday.

The Biden administration seeks to increase domestic production of EV batteries with a $3 billion award to U.S. companies.