Senators Peters and Stabenow Announce $355 Million in Funding for Michigan’s Battery Manufacturing Sector

WASHINGTON, D.C. - U.S. Senators Gary Peters (MI) and Debbie Stabenow (MI) announced $355 million in federal funding from the Department of Energy (DOE) to boost the domestic production of advanced batteries and battery materials in Michigan. The funding will create good-paying jobs in Michigan, strengthen our supply chain, and support our national security. This investment comes from the Bipartisan Infrastructure Law that Peters and Stabenow helped enact in 2021.

"These investments are a game-changer for battery manufacturing in Michigan and will create hundreds of good-paying jobs in communities throughout our state," said Senator Peters. "I'm thrilled to announce this funding made available through the Bipartisan Infrastructure Law will help ensure we have a strong, domestic battery supply chain to support Michigan's auto companies and workers as they build the vehicles of the future."

"Michigan workers and manufacturers are the best in the world. That's why our state will continue to lead the way as we transition to electric vehicles and a clean energy future," said Senator Stabenow. "These exciting investments will help strengthen our domestic supply chains and create more good-paying jobs right here at home."

"The Michigan ethos is embedded in America's industrial fabric, and the Biden-Harris Administration is deepening that proud manufacturing legacy," saidU.S. Secretary of Energy Jennifer M. Granholm. "Thanks to the Investing in America agenda, Michigan is poised to see over $1 billion more in public-private investment creating hundreds of new jobs for workers across the state who are essential to ensuring our national energy security."

The recipients include:

• Revex Technologies, Inc.: Revex Technologies Inc. will receive $145 million to strengthen the domestic nickel supply chain and create good-paying clean tech jobs in Michigan's Upper Peninsula. This project is a partnership between Revex, a next-generation critical mineral processing company, and Eagle Mine, the only operating U.S. primary nickel mine, to turn battery waste into valuable critical minerals.

• NanoGraf Corporation: NanoGraf Corporation will receive $60 million to transform the electric vehicle sector with the establishment of an advanced silicon anode manufacturing facility. This project will strengthen our domestic battery supply chain, support the transition to electric vehicles, and enhance national security.

• Cabot Corporation: Cabot Corporation will receive $50 million to build and operate a plant to support the domestic lithium-ion battery supply chain. This project will revitalize, retrofit, and restore a brownfield site in Wayne County, Michigan, and create good-paying jobs.

• Mitra Future Technologies, Inc.: Mitra Chem will receive $100 million to accelerate the domestic production of affordable, high-performance iron-based cathode materials to support the growing domestic battery supply chain for electric vehicles, energy storage systems, and defense applications. This project will help build a domestic battery supply chain that is cleaner, safer, and more affordable.

Administered by DOE's Office of Manufacturing and Energy Supply Chains (MESC), these investments will support domestic battery manufacturing. Batteries are critical to strengthening the U.S. grid, powering American homes and businesses, and supporting the electrification of the transportation sector. More information about MESC can be found here.

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