•1 min read•from TechCrunch
US battery startups have found a lifeline in defense
U.S. battery startups pulled in $500 million in grants from the Department of Energy, throwing a lifeline to an industry that was on the ropes after EV incentives were slashed.
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#battery startups
#Department of Energy
#grants
#EV incentives
#defense
#U.S.
#energy
#industry
#funding
#lifeline