Meet one “Build Back Better” winner focused on building a battery technology and manufacturing center
With so much emphasis being placed on electric vehicles in Tennessee, we took note of this news release from one of the 21 winners of the U.S. Economic Development Administration’s “Build Back Better Regional Challenge.”
Binghamton University near the New York-Pennsylvania border received $63.7 million in federal dollars and $50 million from the State of New York to launch the “New Energy New York” project. With the significant investment, Binghamton University will develop a battery technology and manufacturing center in an Opportunity Zone. Additional projects will support the battery industry and its supply chain. The entire initiative is expected to have a $2 billion economic impact.
“This will enable North America to develop batteries rather than sending our technology overseas,” said Stan Whittingham, an inventor of the lithium-ion battery, Nobel Prize winner, and Distinguished Professor who helped lead the proposal’s development. “We can’t have a supply chain dominated by any one part of the world. We can have batteries that have ‘Made in America’ stamped on them.”
Click here to learn more about the initiative.
Distinguished Professor and Nobel Prize-winner Stan Whittingham