WASHINGTON—The U.S. Department of Energy has announced $3.1 billion in funding from the Bipartisan Infrastructure Law to make more batteries and EV components in the United States.
HOLLAND, MI—LG Energy Solution has announced that it is investing $1.7 billion at its plant here to increase production of lithium-ion polymer battery cells and packs for EVs by fivefold. The expansion will create more than 1,200 new jobs.