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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.

  • US battery startups seek defense sector support after EV incentives cut
  • DOE grants $500 million to strengthen US battery supply chain
  • Defense applications for lithium-ion batteries being actively considered

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