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Message: Fed plan to stimulate domestic manufacturing

Good Read if you have the time

https://www.whitehouse.gov/wp-content/uploads/2021/06/100-day-supply-chain-review-report.pdf

PROMOTE SUSTAINABLE DOMESTIC BATTERY MATERIALS, CELL, AND PACK
PRODUCTION

Catalyze Private Capital with Grants and Loans:

Enact new Federal grant programs to catalyze private capital

Leverage the Department of Energy’s (DOE’s) Advanced Technology Vehicle Management Loan
Program

Introduce Supportive Tax Credits:

Revitalize IRS 48C manufacturing tax credits

Revive and expand Section 1603 of the American Recovery and Reinvestment Tax Act (ARRTA)
program to support small manufacturers in the batteries, cells, and related material processing supply
chain

Leverage Federal Procurement and Financial Assistance:

Strengthen U.S. manufacturing commitments in Federally-funded grants, cooperative agreements,
and research and development (R&D) contracts

https://www.energy.gov/eere/vehicles/articles/national-blueprint-lithium-batteries

 

 

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