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DOE Federal Funds In Battery Technology SELECT DOE LOANS IN THE BATTERY VALUE CHAIN(1) YTD September 2024, the DOE has allocated >$3B to battery technology in the form of grants/loans.
SKI US Inc. $50m
The government grants and loans support the entire battery supply chain, from mineral extraction to recycling. The largest investment in 2024 by the DOE was issued to BlueOval SK in the amount of $9.6B in late December.(2)
SWA Lithium
As of January 2025, there are over 160 DOE applicants, across all sectors, seeking over $200B in loan proceeds.
$150m RAW MATERIALS
Source: TechCrunch (1) As of September 2024
SEPARATION & PROCESSING
COMPONENT MANUFACTURING
BATTERY MANUFACTURING
RECYCLING
Extracted from the PDF; charts and images may read imperfectly.
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