23 Apr, 2025

U.S. gives the large bucks to encourage OEMs to retool factories for EVs

America is ready at hand out $12 billion in grants and loans for OEMs that want to retool currently-built manufacturing services in preparation for electrical automobile manufacturing. Power Secretary for the Biden Administration Jennifer Granholm mentioned $10 billion will come from the Power Division’s Loans Program Workplace, whereas $2 billion will come from the Inflation […]

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