US President Biden allocates $1.7 B for EV car manufacturing

Tony Verhelle

July 12, 2024

President Biden foresees almost $2 billion to support the US car maker’s reconversion to EV manufacturing /Belga

The US Department of Energy announced $1.7 billion in grant awards today to help automakers keep eleven troubled manufacturing plants open and start building EVs there. The 11 selected plants are located in eight different states and have been designated as “shuttered or at-risk” facilities.
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