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

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.

American Battery Technology Co. and lithium-producer Albemarle Corp., are among 25 companies getting more than $3 billion in funding from the Biden administration to boost domestic production of advanced batteries and components.

The Biden administration on Friday announced that it has selected 25 battery technology projects to receive $3 billion in federal funding. The projects receiving federal funds pertain to various aspects of battery production,

The Biden administration is investing over $3 billion to increase domestic production of advanced batteries for electric vehicles. This initiative aim