Advanced Batteries Industry Opportunities

Published: 21.07.2022 Related countries:  U.S.A. U.S.A.

The US Department of Energy plans to invest US$2.91 billion to bolster its domestic production and strengthen its supply chain.

The United States is entering a new era of activity and opportunities related to manufacturing of advanced batteries. Advanced batteries generally are comprised of lithium-ion batteries and are applied to myriad uses such as electric vehicles (EVs), stationary energy storage applications, and consumer goods.

The U.S. battery industry aim to be globally competitive and to supply a greater share of domestic needs onshore or with proximate geopolitical partners. That could mean securing a long-term supply of battery materials through 2050, increasing technological advances through direct and indirect investments in companies, creating tax incentives for production and consumption of battery technology, developing significant labor intelligence and skills related to the battery industry, and supporting a robust recycling and secondary life ecosystem.

Coupling these factors alongside the dramatic demand signals for battery technology over the next 10 to 20 years makes for a rare and compelling investment opportunity in the United States.


Presented by the team of employees of CzechTrade USA (Chicago).