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U.S. Seeks to Cut Battery Dependence on China, Faces Steep Catch-Up, CNBC Reports

Report says Department of Energy grants to small battery tech firms aim to close a gap built over decades of Chinese investment, with only a few years to act.

· 1 min read · language: en
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CNBC — Top News

The United States is working to reduce its reliance on China for battery technology, but faces significant structural challenges in doing so, according to a report published by CNBC.

The report states that the U.S. Department of Energy has issued grants to small battery technology companies as part of efforts to build domestic capacity and reduce dependence on Chinese supply chains and manufacturing.

According to CNBC, the scale of the challenge is substantial: China has spent decades developing its dominance in battery technology and production, while the U.S. has only a few years to make comparable progress, the report says.

The report frames the effort as part of a broader push within the U.S. government and industry to strengthen domestic battery capabilities, though specific details on the size of the DOE grants, the companies involved, or the technologies being funded were not fully outlined in the available material.

CNBC's report underscores the gap between the two countries' battery industries without detailing the precise policy mechanisms or timelines the U.S. is pursuing to close it.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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