Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official Website
Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official Website
Today, Chairman John Moolenaar (R-MI) issued a statement following the Department of Defense's announcement of a $12.9 million grant to Nano One Materials Corp., a Canadian battery technology company.
“I commend the Department of Defense’s announced $12.9 million award to increase production of lithium iron phosphate (LFP) cathodes that are crucial for the future of auto manufacturing," said Moolenaar. "As I’ve spoken with members of the industry, I have heard time and time again they believe there is no alternative to partnering with PRC companies to produce LFP batteries. Today’s announcement proves these capabilities exist in North America. I hope automotive manufacturers will consider investing in our domestic industrial base and help amplify the investments of the Defense Department.”
The grant aims to boost the production capacity for LFP cathodes, which play a significant role in auto manufacturing.
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