The Biden administration on Friday said it would award $3 billion to U.S. companies to boost production of advanced batteries to meet the growing demand for electric vehicles, part of an ongoing effort to counter China's global dominance in the industry.
The federal funds will be directed at 25 projects in 14 states - including Michigan, Ohio, North Carolina, and Texas - as part of $120 billion spent on clean energy products since the Bipartisan Infrastructure Law was passed in 2021, the Department of Energy said in a press release.
