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US To Spend Over $3B For Boosting EV Battery Production, Supply Chains

Summary

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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Article published on May 3, 2022 by benzinga