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Biden White House to award $2.8B to bolster EV battery and mineral production in the US

US EV battery

Later today, the Biden administration is expected to announce $2.8 billion that will be awarded in grants around the US in support of EV battery manufacturing and mineral production domestically. The White House is also launching what is being called the “American Battery Material Initiative” to bolster mineral supply chains for automakers operating in the US.

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LG Energy Solution to host ‘Battery Innovation Contest’ for $150k annual prize

LG battery contest

LG Energy Solution is looking to universities and research institutes around the world to help push the next generation of battery technologies forward in the form of a contest. Its international “Battery Innovation Contest” (BIC) will be hosted by LG Energy Solution with open entries through September. The contest is open to all topics pertaining to batteries, and the winner will receive a prize up to $150,000 annually for continued R&D.

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European Commission and BEPA partner to bring more battery production to Europe

battery production Europe

The European Commission (EC) and the Batteries European Partnership Association (BEPA) have announced a memorandum of understanding to research and develop battery technologies for production in Europe. The co-programmed partnership is being called BATT4EU, and it’s aimed at bringing value and competitiveness to the EU’s battery chain.

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