Moolenaar on DoD Grant to North American Battery Tech Company

WASHINGTON, D.C.-- Today, Chairman John Moolenaar (R-MI) released the statement below following the Department of Defense announcement that it would award a $12.9 million grant to Canadian battery technology company, Nano One Materials Corp.. “I commend the Department of Defense’s announced $12.9 million award to increase production of lithium iron phosphate (LFP) cathodes that are crucial for the future of auto manufacturing. As I’ve spoken with members of the industry, I have heard time and time again they believe there is no alternative to partnering with PRC companies to produce LFP batteries. Today’s announcement proves these capabilities exist in North America. I hope automotive manufacturers will consider investing in our domestic industrial base and help amplify the investments of the Defense Department.” |