US battery startups have found a lifeline in defense
Low Severity
Americas
United States
Date OccurredAug 22, 202615:20 UTC
Event TypeTechnology
SourceTechCrunch
RecordedAug 22, 2026
Full Description
U.S. battery startups pulled in $500 million in grants from the Department of Energy, throwing a lifeline to an industry that was on the ropes after EV incentives were slashed.