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U.S. battery startups receive $500 million in grants from Department of Energy

U.S. battery startups have received $500 million in grants from the Department of Energy, providing crucial support to the industry amid reduced electric vehicle incentives. The funding aims to bolster the sector's growth and sustainability.

U.S. battery startups have secured $500 million in grants from the Department of Energy. This funding comes as a significant support for the industry, which faced challenges following the reduction of electric vehicle incentives.

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US battery startups have found a lifeline in defense

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U.S. battery startups receive $500 million in grants from Department of Energy