US awards $2.8B in grants for EV batteries in 12 states

A truck is parked between brine evaporation ponds at Albemarle Corp.'s Silver Peak lithium facility, Thursday, Oct. 6, 2022, in Silver Peak, Nev. The ponds use evaporation to help separate lithium from brine pumped from underground. The Biden administration on Wednesday, Oct. 19, awarded $2.8 billion in grants to build and expand domestic manufacturing of batteries for electric vehicles in 12 states. A total of 20 companies, including Albemarle Corp., will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals, officials said. (AP Photo/John Locher)

US awards $2.8B in grants for EV batteries in 12 states