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Global Trade Alert

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United States of America: DOE awards USD 150 million production of synthetic graphite for EV industry

Description

On 19 October 2022, the Department of Energy (DOE) of the United States announced awarding USD 150 million to NOVONIX Anode Materials LLC (NAM) for the production of battery-grade synthetic graphite. ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Oct 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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