"US Department of Energy Commits $12 Billion to Boost Electric Vehicle Manufacturing in Line with Biden's EV Sales Agenda"

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Source: CNN
"US Department of Energy Commits $12 Billion to Boost Electric Vehicle Manufacturing in Line with Biden's EV Sales Agenda"
Photo: CNN
TL;DR Summary

The US Energy Department is providing $12 billion in loans and grants to the auto industry to support its transition to electric vehicles (EVs). This move is part of the US government's efforts to catch up with other countries in the EV market.

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