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Global Trade Alert

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United States of America: DOE announces USD 150 million in funding for ABTC to support the production of battery materials

Description

On 20 September 2024, the US Department of Energy announced that it would award American Battery Technology Company (ABTC) USD 150 million in funding to support the construction of a commercial-scale ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Sep 2024

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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