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Global Trade Alert

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United States of America: DOE provides USD 3.1 billion in funding to expand domestic battery manufacturing capabilities

Description

On 2 May 2022, the Department of Energy (DOE) announced a USD 3.1 billion funding opportunity to support the development of battery manufacturing, processing and recycling technologies. Eligible proje...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 May 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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