The main goals of the Battery Manufacturing and Recycling Grants Program are to ensure that the United States has a robust domestic capability for battery manufacturing and recycling. The key objectives include:
- Establishing a Viable Domestic Supply Chain: The program aims to support a North American battery supply chain by fostering domestic battery manufacturing and recycling capabilities.
- Reducing Reliance on Foreign Suppliers: By enhancing domestic manufacturing and recycling, the program seeks to reduce U.S. dependence on foreign competitors for critical materials and technologies, which enhances national security.
- Promoting Advanced Battery Manufacturing: The initiative focuses on expanding U.S. capabilities in advanced battery manufacturing, which can lead to improved efficiencies and innovations in the sector.
- Supporting a Circular Economy: By promoting recycling efforts, the program aims to reduce waste and support a circular economy, which aligns with broader sustainability goals.
- Enhancing Economic Resilience: The program is designed to contribute to energy independence and economic resilience by supporting local industries and creating jobs in the battery sector.
Overall, these goals are aimed at strengthening the U.S. position in the global battery market while ensuring sustainable practices.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-main-goals-of-the-battery-manufacturing-and-recycling-grants-program/
