The Trump administration is providing more than $2 billion to U.S. companies developing batteries and critical minerals to reduce dependence on Chinese suppliers. The Defense Department is lending $1.4 billion to Sila Nanotechnologies and has signed deals with three other companies, reflecting the growing importance of advanced batteries for drones, weapons and AI data centers.
The funding is part of a broader Pentagon effort to strengthen domestic supply chains, while startups are also developing batteries that replace scarce materials with more abundant substances such as salt. The Wall Street Journal has the full story.
