Biden-Harris Administration Awards $2.8 Billion to Supercharge U.S. Manufacturing of Batteries for Electric Vehicles and Electric Grid
Bipartisan Infrastructure Law funding going to 20 companies across 12 states will strengthen America’s energy independence, create good-paying construction and manufacturing jobs and lower costs.
www.energy.gov
Federal investment will be matched by recipients to leverage a total of more than $9 billion
Bipartisan Infrastructure Law: Battery Materials Processing and Battery Manufacturing Recycling Selections
Bipartisan Infrastructure Law: Battery Materials Processing and Battery Manufacturing Recycling Selections
Funded with $2.8 Billion through the Bipartisan Infrastructure Law, the portfolio of 21 projects supports new, retrofitted, and expanded commercial-scale domestic facilities to produce battery materials, processing, cell components, and battery recycling.
www.energy.gov
PROJECT NAME: Plasma Low-cost Ultra Sustainable Cathode Active Material (PLUS CAM) APPLICANT: 6k Inc
Federal Cost Share: $50,000,000 Recipient Cost Share: $57,395,080
Supply Chain Segment: Component Manufacturing (Cathode)
Project Description: 6K Inc. plans to demonstrate the ability to domestically produce multiple battery chemistries namely NMC811 and lithium iron phosphate (LFP) in a plant with the capacity of 3,000 tpa (tonnes per annum) ready for production in 2025 scaling to 10,000 tpa in 2026 using its patented 6K’s UniMelt® microwave plasma processing technology. This project will be led by industry veteran Dr. Richard Holman as the principal investigator.
6K’s UniMelt microwave technology leverages a 6000 Kelvin excited plasma ...