TechTechCrunch1h ago
US battery startups have found a lifeline in defense
TL;DRU.S. battery startups got $500M in DOE grants after EV incentive cuts.
Why it matters: Defense funding could reshape domestic battery supply chains and reduce Chinese dominance.
U.S. battery startups pulled in $500 million in grants from the Department of Energy, throwing a lifeline to an industry that was on the ropes after EV incentives were slashed.
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