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ENERGY DEPARTMENT TRIES TO BOOST US BATTERY INDUSTRY WITH ANOTHER $3.5 BILLION IN FUNDING

The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.

Batteries are seen as an important climate solution because they can power cars, which are a major cause of climate change when they burn gasoline. They are also a solution when they store clean electricity

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