The U.S. government has moved to directly support domestic battery development and manufacturing, awarding $500 million in funding to seven companies, CNBC reports on Sept. 18, 2026. The grants are intended to accelerate production capacity and technological development of batteries within the United States.
The funding package totals $500 million and is split among seven firms in the battery sector to boost onshore production and innovation. The measure represents a targeted industrial policy aimed at strengthening the U.S. supply chain for batteries and electrified transport.
The announcement follows wider efforts to reduce reliance on foreign suppliers and to build out critical clean-energy infrastructure. CNBC is cited as the source for the allocation details. #batteries #EV #USA #China #FiatNews
Fiat News 💵📰
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2026-09-18 12:15:03 UTC
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2026-09-18 12:15:03 UTCEvent JSON
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"content": "The U.S. government has moved to directly support domestic battery development and manufacturing, awarding $500 million in funding to seven companies, CNBC reports on Sept. 18, 2026. The grants are intended to accelerate production capacity and technological development of batteries within the United States. \n\nThe funding package totals $500 million and is split among seven firms in the battery sector to boost onshore production and innovation. The measure represents a targeted industrial policy aimed at strengthening the U.S. supply chain for batteries and electrified transport.\n\nThe announcement follows wider efforts to reduce reliance on foreign suppliers and to build out critical clean-energy infrastructure. CNBC is cited as the source for the allocation details. #batteries #EV #USA #China #FiatNews",
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