Biden administration is making a significant push to strengthen the U.S. battery supply chain and reduce dependence on China.
The Department of Energy (DOE) announced on Friday plans to award $3 billion to 25 projects across 14 states, aiming to increase domestic of advanced batteries and battery materials.
“This is a much-needed investment in our domestic battery manufacturing capacity,” said Ali Zaidi, White House climate advisor, highlighting the critical role secure minerals play in combating climate change.
“This sets us up to lead on the next generation of battery technologies,” he added, emphasizing the potential for advancements like solid-state batteries.
The funding targets various aspects of the battery value chain, including:Companies like Albemarle (awarded $67 million) will focus on producing anode materials for next-generation lithium-ion batteries
“Mineral security is essential for climate security,” said Zaidi, emphasising the importance of domestic production in securing both environmental and economic sustainability.
The initiative follows the recent adoption of U.S. EV tax credit rules designed to incentivize battery production and sourcing of critical minerals within the country.
According to the DOE, the awarded grants are expected to generate $16 billion in total investment for the projects and support the creation of 12,000 jobs in production and construction.
The funding announcement underscores the administration’s commitment to developing domestic resources and reducing reliance on foreign suppliers, particularly China.
Grants totaling $450 million were allocated to companies like SWA Lithium and TerraVolta Resources for projects using Direct Lithium Extraction (DLE) technology to extract lithium from resources like brine.
Revex Technologies, co-founded by Lundin Mining, received $145 million to utilize waste from the sole operating U.S. nickel mine, aiming to supply domestic nickel for battery production.
South32 Hermosa received $166 million for mining high-purity manganese sulfate monohydrate (HPMSM), a crucial component for EV battery chemistries, currently dominated by Chinese production.
This targeted investment in domestic extraction and processing aims to create a more robust and secure battery supply chain for the U.S., ultimately fostering the development and production of electric vehicles within the country.
Boluwatife Enome
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THE LISTED VEHICLES AND THE AUCTION PRICES ARE:-
Golf2=₦250,000
Golf3= ₦350,000
Golf4= ₦450,000
Toyota Camry BigDaddy=N550.000 naira Toyota Camry Tiny-Light=N450,000. Toyota venza=N 1.8Million naira
Toyota Hilux=N1Million naira Toyota Camry Muscle =N 1.8 Million naira Toyota Avalon=N 1million naira Toyota Rav4 SUV=N 950,000 naira Toyota Sienna=N 600,000 naira Toyota
Tundra=N1.5m Toyota picnic=N 800,000 Toyota Highlander=N1.2 million naira Toyota Corolla=N 500,000=Tacoma 1.850,000 =Toyota Land Cruiser-N1.3m
naira Toyota Prado=N1.4million naira. Toyota Matrix=N 700,000 . Toyota Haice Bus= N1MILLION=Toyota Dyna Truck–N1.3million
Honda Baby Boy= ₦780,000
Honda Accord EOD= ₦950,000
Honda City= ₦750,000
Honda Crosstour= ₦2M
Honda CR-V= ₦950,000
Honda Odyssey= ₦850,000
Honda Pilot= ₦1.m
Lexus GX460=₦6.6M
Lexus GX470=₦8.4M
Lexus GX570=₦13.8M
Lexus IS-250=₦2.1M
Lexus ES-330=₦1.5M
Lexus ES-350=₦2.6M
Lexus RX300= ₦1.5M
Lexus RX330= ₦2.8M
Lexus RX350= ₦3.2M
Acura RDX=₦3M
Acura RSX=₦2.8M
Acura TSX=₦2.6M
Acura ZDX=₦3.2M
Acura MDX= ₦2.4M
Mercedes-Benz C-Class= ₦950,000
Mercedes-Benz E-Class= ₦1.1M
Mercedes-Benz GLK= ₦4.5m
Mercedes-Benz ML320= ₦850,000
Mercedes Benz ML330= ₦1.8M
Mercedes-Benz ML350= ₦5.2M
Nissan pathfinder= ₦1.9M
Nissan Altima= ₦820,000
Nissan Armanda= ₦3.2M
Nissan Maxima= ₦600,000.e.t.c.
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