[BUSINESS]■ STORY TIMELINE
US BATTERY STARTUPS SECURE $500M DEFENSE LIFELINE
U.S. battery startups have received $500 million in Department of Energy grants as the industry faces headwinds from reduced EV incentives. The funding provides critical support to companies struggling in a competitive market.
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U.S. battery startups pulled in $500 million in grants from the Department of Energy, throwing a lifeline to an industry…