The Economic Development Administration selected the Lithium Valley Clean Tech Hub Consortium as one of its grant recipients for the tech hub program.
The grant is $500,000.
Several different federal agencies will soon be coming together to hash out the details for what the tech hub will look like.
Valley Congressman Dr. Raul Ruiz says the tech hub will be the key to receiving hundreds of millions of dollars of investments that will transform the area surrounding the Salton Sea.
"Just with the lithium in the Salton Sea region, we can produce six million electric vehicles a year and still be the second-largest lithium exporting industry in the world," Ruiz told Peter Daut in an in-depth interview.
Watch Peter Daut's full in-depth interview with Congressman Ruiz at the top of the article.