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    DOE announces $2.8B in EV battery projects funded under the Infrastructure Law

    Oct. 21, 2022
    The DOE will provide funding to 20 companies – a combined $2.8 billion in funds – to build and expand commercial-scale facilities in 12 states for the extraction and processing of battery materials, like lithium and graphite
    Image credit Stellantis and Samsung
    Stellantis 63529e76a2b4e

    The U.S. Department of Energy has announced the first set of projects that will receive funding under the Bipartisan Infrastructure Law to expand the domestic manufacturing of EV batteries and electrical grid as well as for materials and components, which are currently imported.

    The DOE will provide funding to 20 companies – a combined $2.8 billion in funds – to build and expand commercial-scale facilities in 12 states for the extraction and processing of battery materials, like lithium and graphite. The investment will be matched by the recipients.

    The projects will support President Biden’s goal for EVs to make up 50% of new vehicle sales by 2030.

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    “This is truly a remarkable time for manufacturing in America, as President Biden’s Agenda and historic investments supercharge the private sector to ensure our clean energy future is American-made,” said U.S. Secretary of Energy Jennifer M. Granholm. “Producing advanced batteries and components here at home will accelerate the transition away from fossil fuels to meet the strong demand for electric vehicles, creating more good-paying jobs across the country.”

    DOE says the selected projects will:

    ·        Develop enough battery-grade lithium for approximately 2 million EVs and battery-grade graphite for 1.2 million EVs annually.

    ·         Produce sufficiency battery-grade nickel for about 400,000 EVs annually

    ·         Install the first large-scale, commercial lithium electrolyte salt (LiPF6) production facility in the country

    ·         Develop an electrode binder facility, which will be capable of supplying 45% of the potential domestic demand for binders for EV batteries in 2030

    ·         Install the first lithium iron phosphate cathode facility in the country and

    ·         Create commercial scale domestic silicon oxide production facilities, capable of producing enough anode materials for approximately 600,000 EV batteries annually.

     The projects will also create employment for construction and industrial unions. A total of 15 of the projects will collaborate with minority serving institutions, including Historically Black Colleges and Universities (HBCUs), to hire and train workers. A total of five of the projects will build new facilities in disadvantaged communities and the remaining will be in locations near disadvantaged communities. 

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.