The DOE’s Advanced Technology Vehicles Manufacturing Loan Program, which supports domestic manufacturing of fuel-efficient vehicles, components and materials, has given a conditional commitment to SK Siltron CSS for a $544-million loan to expand manufacturing of silicon carbide (SiC) wafers for EV power electronics at the company’s two Michigan manufacturing plants. SiC semiconductors potentially enable higher efficiency… Read more »
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American Battery Solutions wins $166-million DOE loan to expand Ohio and Michigan EV battery plants
The DOE has offered American Battery Solutions (ABS) a $165.9-million loan under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. The company plans to use the funds to expand its battery pack assembly facilities in Springboro, Ohio and Lake Orion, Michigan. The project will support the company’s goal of delivering standardized and customized battery packs… Read more »
DOE releases $131 million in funding for EV batteries and other transport-related projects
The latest round of funding to be announced by the US Department of Energy’s Vehicle Technologies Office includes support for a wide range of projects designed to advance low-carbon transportation technologies, including several EV-related initiatives. A big chunk of the money—$60 million—will go to the United States Advanced Battery Consortium to further develop pre-competitive vehicle-related… Read more »
DOE announces $32.5 million in funding to advance transportation electrification
The US Department of Energy (DOE) has announced the selection of 16 projects totaling $32.5 million to advance electrification of the transportation sector. Spanning nine states and Washington DC, the selected projects will focus on expanding EV deployment and supporting EV charging infrastructure by reducing installation costs, educating consumers and implementing regional deployment. Funded through… Read more »
Plug In America receives DOE funding to expand its EV education programs
EV education and advocacy organization Plug In America has received a grant from the DOE for a three-year, $5-million consumer education project, the largest grant in the organization’s 15-year history. This grant is part of a slate of 16 projects to advance transportation electrification that will be funded throught the DOE’s Vehicle Technologies Office to… Read more »
Transport Canada, US DOT and DOE issue joint statement on action to reduce rail-sector emissions
The US and Canada have created a Rail Decarbonization Task Force to explore ways to reduce emissions from the rail sector. According to a joint statement from the US DOT and the Canadian Transport Ministry, “The decarbonization of the rail sector is a crucial component of our global efforts to reduce emissions and meet the… Read more »
6K Energy wins $50-million DOE grant for PlusCAM battery material production plant in Tennessee
6K Energy, a provider of critical materials for lithium-ion batteries, has won a $50-million grant from the DOE’s Office of Manufacturing and Energy Supply Chains for its PlusCAM battery material production plant located in Jackson, Tennessee. The company will apply the 50 big ones to the estimated $200-million construction cost for the factory. The PlusCAM… Read more »
NOVONIX secures $100-million grant from DOE to increase synthetic graphite production
NOVONIX, a battery materials and technology company, has received a $100-million grant from the Department of Energy (DOE) to increase production of synthetic graphite anodes at its Riverside site in Chattanooga, Tennessee. The DOE grant will help build and commission equipment to generate 20,000 tons annually from Riverside. The company believes its cash position, customer… Read more »
DOE announces $15.5 billion in funding to support legacy automakers’ transition to EVs
The US DOE has announced a $15.5 billion package of funding and loans primarily focused on retooling existing factories for the transition to EVs. This includes $2 billion in grants and up to $10 billion in loans to support automotive manufacturing conversion projects, along with $3.5 billion in funding to expand domestic manufacturing of batteries,… Read more »
DOE announces $192 million in new funding for EV battery R&D and recycling
The US Department of Energy (DOE) has announced more than $192 million in additional financing for recycling consumer product batteries, forming an advanced battery R&D collaboration and continuing the 2019 Lithium-Ion Battery Recycling Prize. The Advanced Battery R&D Consortium funding opportunity will provide up to $60 million to convene major EV manufacturers, universities, National Laboratory… Read more »