DOE Invests $670M in EV Battery Safety; Aspen Aerogels Expands
The U.S. Department of Energy (DOE) is providing a significant loan of $670.6 million to Aspen Aerogels, a firm recognized for its fire-resistant materials designed for electric vehicle (EV) batteries. This considerable funding is aimed at finalizing Aspen’s new manufacturing plant in Georgia, where they create insulating materials specifically for EV batteries. Tackling Battery Fires Aspen […]
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