With a $3 billion dollar investment into lithium-ion batteries for electric vehicles, the Biden administration has allocated 335 million dollars to developing the recycling of these products in the United States.
The motivation is to boost green energy and establish more independent energy sources in the country. In order to appropriately build a system for this energy source, it is important to consider the end-of-life process as well, which this portion of the funding is aimed at supporting. The funding is part of The Bipartisan Infrastructure Law.