US To Spend Over $3B For Boosting EV Battery Production, Supply Chains
03 May 2022 - 5:27PM
Benzinga
The U.S. Department of Energy (DOE) said on
Monday it would spend more than $3 billion in infrastructure
funding to fund electric vehicle (EV) battery making.
What Happened: DOE will allocate the funds from
the $1 trillion infrastructure bill that President Joe Biden signed
last year.
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