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.
What happened?
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.
Story details
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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Original source
https://techcrunch.com/2026/08/22/us-battery-startups-have-found-a-lifeline-in-defense/