Ice Lounge Media

Ice Lounge Media

Biden offers $15.5B to boost battery and EV manufacturing

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The United States Department of Energy is dedicating $15.5 billion to support the transition to electric vehicles. As part of President Joe Biden’s Investing in America agenda, most of the money will go to automakers and suppliers to retool their plants to produce electric, hybrid and hydrogen fuel cell electric vehicles, the agency said Thursday. […]