Carlsbad’s American Lithium Energy Receives $13.2 Million in Funding from California Energy Commission

CARLSBAD, Calif.–(BUSINESS WIRE)–American Lithium Energy Corporation (“ALE”), a leading developer of sustainable energy solutions, specializing in the production of lithium batteries, announced today that it has been awarded two grants totaling $13.2 million from the California Energy Commission. ALE will receive $10.2 million in funding from the Zero-Emissions Transportation Manufacturing program and an expected $3 million from the California Energy Commission Realizing Accelerated Manufacturing and Production (RAMP) in April 2023. ALE will use this funding to expand its U.S.-based manufacturing production capabilities in Carlsbad, California, significantly grow its team in California, and increase use of U.S. and California-based raw materials and equipment supplies, in order to further its mission of developing sustainable energy solutions that promote the widespread adoption of zero-emissions transportation.