The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production.

The U.S. Energy Department said Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to shift the supply chain away from China.

American Battery Technology Co. and lithium-producer Albemarle Corp., are among 25 companies getting more than $3 billion in funding from the Biden administration to boost domestic production of advanced batteries and components.

The Biden administration is moving to clarify how homeowners and businesses can receive lucrative tax credits for installing electric vehicle chargers. A rule proposed Wednesday by the Treasury Department would make credits worth up to $1,

A new rule proposed Wednesday by the Treasury Department could mean tax credits of up to $1,000 for individuals and $100,000 for businesses if they install electric vehicle chargers.

The Biden administration released a new proposal to expand the number of electric vehicle chargers eligible for tax credits across the country. It comes as the administration has sought to increase incentives for people to choose EVs over gas and diesel-powered vehicles in an attempt to lower carbon emissions.