(Source: MIRS.news, Published 09/20/2024) Four Michigan-based companies are the recipients of $355 million in processing and manufacturing electric vehicles (EVs) grants from the U.S. Department of Energy. The DOE announced more than $3 billion in investments for 25 selected areas across 14 states.

The grants include:

 - $60 million to Flint-based Nanograf to manufacture large-scale, high-performance Silicon and monoxide anode. With $175 million in support from the Michigan Economic Development Corporation (MEDC), the project aims to strengthen the American battery supply chain and support the expanding the electic vehicle (EV) market.

 - $50 million to the Van Buren Township-based Cabot Corporation to produce an initial 1,000 tons of battery-grade of nanotube and 12,000 tons per year of conductive additive (CA) dispersions at a commercial scale to support the domestic lithium-ion battery supply chain.

 - $145 million to Upper Peninsula-based Revex Technologies as part of a partnership between a “next-generation” critical mineral processing company and the only operating U.S. primary nickel mine. The project would turn metal-bearing waste streams, mine tailings and spent batteries into “valuable critical materials.” The REV Nickel project pledges to add 115 new jobs, retain 425 jobs at the local Eagle Mine and support 360 construction jobs over a two-year construction period.

 - $100 million to Muskegon-based Mitra Future Technology to create the domestic manufacturing capability of U.S.-made lithium iron phosphate for EVs, energy storage systems and defense applications. The project pledges to create hundreds of construction jobs and 150 permanent skilled labor jobs in Muskegon.

“The auto industry in our state has had to rely on foreign battery production for too long," said Rep. Will Snyder (D-Muskegon). 'Providing the necessary resources to increase domestic production right here in Michigan puts the ball back in our court, while also investing in new jobs and clean energy. I am thrilled to see these investments being made in our state and our own Muskegon community, and I look forward to seeing the economic development they will bring.”