November 17, 2022: The US Department of Energy said on November 16 that it has allocated nearly $74 million in funding for 10 projects that develop electric vehicle battery recycling and utilization technologies. again.
The DoE said the allocation will come from funds announced under the Bipartisan Infrastructure Law and will support projects that lead to second-use scale-up demonstrations that integrate end-of-life EV batteries into secondary applications. .
According to the US government, more than 1.2 million EVs have been sold in the US since Joe Biden became president in January 2021, more than tripling the number on the road before he took office.
With demand for critical battery minerals, such as lithium and graphite, expected to increase by 4,000% in the coming decades, this latest round of funding supports the domestic recycling and reuse sector. battery supply chain, the DoE said.
BESb It was reported last month that ENTEK’s plans to increase its production of EV battery separators were among the first selected for the infrastructure law funding project.