U.S. Energy Department Finalizes $102 Million Vehicles Manufacturing Loan to Syrah Technologies

Biden Administration Awards $2.8 Billion to Expand Manufacturing of Batteries for Electric Vehicles, Power Grid

The Biden administration on Oct. 19 announced the first set of projects financed by the 2021 Infrastructure Investment and Jobs Act to support domestic production of batteries for electric vehicles and the power grid. The funding will also support domestic production of materials and components currently imported from other nations. The 20 corporations are expected…...