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Batteries

Federal grants to build and expand domestic manufacturing of batteries for electric vehicles in the US

Federal grants to build and expand domestic manufacturing of batteries for electric vehicles in the US 9

Last Modified: 23-Oct-2022 6:47 AM

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Posted by Renewables Numerical in Business & Industry

Tags Electric Vehicles Batteries Bipartisan Infrastructure Law

Source Multiple | Lead source: Mitch Landrieu twitter feed | Photo credits: White House video screengrab

$1.7 billion

Investment planned by the BMW Group plans in its U.S. operations to build electric vehicles and batteries, the company announced on 19 Oct 2022. The investment will include $1 billion to prepare for production of EVs at the automaker's existing Spartanburg factory in South Carolina, and $700 million for a new high-voltage battery-assembly facility in nearby Woodruff.

Last Modified: 23-Oct-2022 6:43 AM

13

Posted by Renewables Numerical in Business & Industry

Tags Electric Vehicles Batteries BMW

Source Michael Wayland, CNBC