US Department of Energy Backing $400M Project Producing Batteries for Electric Vehicles

US Department of Energy Backing $400M Project Producing Batteries for Electric Vehicles
August 9, 2023 Jasmine Thomas
Dignitaries break ground during a ceremonial event for ICL's new $400 million battery plant in St. Louis.

This article originally ran in The St. Louis Post Dispatch on August 9, 2023. 


U.S. Energy Secretary Jennifer Granholm, during a visit to St. Louis on Tuesday, touted an Israeli firm’s plans to manufacture a key component for electric vehicle batteries in the city.

The Department of Energy is backing the $400 million project — to produce lithium iron phosphate for batteries — with a nearly $200 million grant to specialty minerals company ICL Group, whose U.S. headquarters is located in St. Louis.

The grant was authorized by the federal Bipartisan Infrastructure Law. The project at the company’s current location in St. Louis’ Carondelet neighborhood is expected to create 150 new jobs.

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