RESTON, VA—The U.S. Geological Survey has discovered a large deposit of lithium located beneath southwestern Arkansas.

CAMBRIDGE, England—According to a recent study conducted by ID TechEx, the lithium-ion battery market will surpass $400 billion by 2035.

WASHINGTON—The U.S. Department of Energy plans to invest an additional $3 billion to boost the domestic production of advanced batteries and materials.

SAN JOSE, CA—Archer Aviation Inc. has opened a high-volume battery pack manufacturing line here.

BYHALIA, MS—Accelera by Cummins, a joint-venture between Cummins Inc., Daimler Truck North America and Paccar Inc., plans to build a battery factory here.

HAYWARD, CA—Lithos Energy Inc. has opened a new facility here to produce modular lithium-ion batteries for use in “demanding environments” such as agriculture, construction, defense, marine and mining applications.

MUNSTER, Germany—New product and production technologies will make battery manufacturing more energy-efficient in the future.

METHUEN, MA—Factorial Inc. has opened a new $50 million facility here to produce solid-state batteries for electric vehicles.

NEW YORK—Achieving ambitious EV adoption targets will require massive growth in battery manufacturing and raw material supply chains, claims a new report by ABI Research.

MANTENO, IL—Gotion Inc. plans to build a $2 billion factory here that will mass-produce lithium-ion batteries for electric vehicles.