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DOE Awards $500 Million to Seven Battery Firms

9/8/2026

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Story summary
  • DOE awarded $500 million in August 2026 to seven firms to boost the U.S. battery supply chain.
  • Coreshell Technologies received $50 million to produce silicon anodes from domestic sources instead of Chinese graphite.
  • Lilac Solutions received $100 million for a brine process that avoids China’s dominant spodumene-processing step.
  • Since January 2025, President Donald Trump cancelled $24 billion in battery projects and ended EV tax credits.