Stabenow said the comprehensive bill addresses a number of factors related to the battery manufacturing process, including obtaining the rare earth elements needed to make advanced batteries for electric vehicles, the research and development needed to design them, and the manufacturing itself.
"This new innovation initiative will create the conditions to ensure high-tech Michigan companies can expand so we remain the advanced-battery capital of the world," she said. "We cannot afford to lose the race to build the clean energy technologies of the future to countries like China."
In 2009, Stabenow successfully pushed legislation that created more than $2 billion in grants to advanced-battery developers and manufacturers, with more than half of the funding going to companies based or operating in Michigan, the News reported.