White House Announces $3 Billion Plan , for Electric Vehicle Battery Production.<br />White House Announces $3 Billion Plan , for Electric Vehicle Battery Production.<br />CNBC reports that on May 2, the Biden administration said it will give $3.1 billion to aid in the production of electric vehicle batteries in America.<br />The funds are part of the $555 billion Bipartisan Infrastructure Law.<br />NBC News reports that administration officials <br />have cited surging gas prices amid <br />Russia's invasion of Ukraine as a viable reason <br />to begin shifting toward electric vehicles. .<br />We’ve seen, even just in recent days, Putin trying to use Russia’s energy supply as a weapon against other nations. And that underscores why it’s so important that we in the United States reinvest and re-underwrite our own energy security, Brian Deese, director of the National Economic Council, via statement.<br />Gina McCarthy, <br />National Climate Advisor, said, "We need a lot of batteries, and we want American workers making those batteries right here in America.".<br />Gina McCarthy, <br />National Climate Advisor, said, "We need a lot of batteries, and we want American workers making those batteries right here in America.".<br />Meanwhile, the Department of Energy also said it will put forth another $60 million to help reuse and recycle EV batteries.<br />Energy Secretary Jennifer Granholm said the measures , “will give our domestic supply chain the jolt it needs to become more secure and less reliant on other nations.”.<br />Energy Secretary Jennifer Granholm said the measures , “will give our domestic supply chain the jolt it needs to become more secure and less reliant on other nations.”.<br />NBC News reports President Biden's goal <br />is to have electric vehicles comprise <br />half of American vehicle sales by 2030
