A $30 Million Battery Technology Initiative
The University of Texas at Dallas will receive $30 million over three years from the DOD to develop and commercialize new battery technologies and manufacturing processes, enhance the domestic availability of critical raw materials, and train high-quality workers for jobs in an expanding battery energy storage workforce. Watch this video to see how the project will leverage and stimulate over $200 million in private capital.
“This initiative is a tremendous opportunity to showcase UTD’s mission of research, service and teaching in the context of accelerating workforce development and next-generation solutions that are critical to our nation’s economy and defense readiness,” said Dr. Richard C. Benson , UT Dallas president and the Eugene McDermott Distinguished University Chair of Leadership.
Transcript
00:00:02 foreign [Music] [Music] together members of Academia industry and government to work towards building and sustaining next generation of energy storage Technologies it's absolutely an opportunity for us to continue to grow production is that by 20 30
00:00:42 us battery manufacturing Workforce will increase by at least hundred thousand and we need to educate Young Generation engineering students to be properly prepared we're in a position where there are needs of that across the country of hundreds of thousands of jobs we would like to be able to have a focal point here in North Texas and to build the workforce while
00:01:08 we build the industry first area is optimizing current lithium ion battery and creating or developing new Next Generation Battery Systems so there is kind of centerpiece of current U.S Battery Technology development the second component is critical minerals that supply of lithium nickel Cobalt to enable this battery production use critically
00:01:40 limited by global supply chain third important part is Workforce Development we identify a unique area satisfying the defense need of Battery Technology this is the beginning of something marvelous