A: Hey there! Any news about the funding cuts?
B: Not yet, what's going on?

A: The Department of Energy wants to slash more billions in federal funding. Startups like Brimstone and Anovion, plus big companies Ford, GM, Stellantis might be affected.

B: Really?! That's a bummer! What about that grant for General Motors?

A: Yeah, GM could lose at least $500 million in grant money meant for their Lansing plant to produce electrified vehicles.

B: Wow, that's a big loss... And what about these startups like Brimstone and Anovion?

A: Exactly! Brimstone was going to build a plant using less carbon dioxide, while Anovion aimed to produce synthetic graphite for lithium-ion batteries.

B: Sounds important! What else is affected?

A: Well, Li Industries received funding to recycle LFP batteries and cut China out of the supply chain, but they could lose it. Plus, other building materials companies like CleanFiber, Hempitecture, Skyven Technologies, Luxwall are at risk too.

B: So many projects might not happen now... What about that TS Conductor company? They were making advanced conductors for electric lines.

A: Right! Their technology could improve data centers' power supply and grid capacity. But it seems they'll lose their grant money too. It's a tough time for innovation in Japan right now.