DOE Awards $63.5M for Innovative Energy Solutions

June 26, 2024

The U.S. electric vehicle market is set to receive a significant boost, thanks to a new $20 million funding initiative for Ion Storage Systems in Beltsville, Maryland. This investment focuses on amplifying the production of innovative solid-state lithium-metal batteries, a game changer in the electric vehicle industry. With their enhanced safety and efficiency, solid-state batteries are poised to revolutionize how electric vehicles are powered, promising longer ranges and shorter charging times. This move not only supports the advancement of clean energy technologies but also bolsters local manufacturing capabilities, marking a significant step forward in sustainable transportation solutions. Learn more at: https://www.utilitydive.com/news/doe-awards-63-million-Ion-Antora-Queens-Carbon-AeroShield-Materials/719916/?utm_source=currents

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