What Happened
Washington Backs Domestic Battery Production Amid China Concerns
Despite President Trump’s skepticism towards electric vehicles, his administration is investing billions of dollars in battery technology to reduce dependence on China for critical minerals. The Energy Department has awarded $500 million to companies making battery components, and the Pentagon has announced a $1.4 billion loan to an advanced battery startup. The efforts also include funding for domestic mining and recycling of battery materials, as reported by the Northwest Arkansas Democrat-Gazette.