US Automakers: For the advanced vehicles, USD 2 billion of the funding will come from the Inflation Reduction Act which Democrats passed last year, and USD 10 billion will come from the Energy Department s Loans Program Office.
The United States is making $12 billion available in grants and loans for automakers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary. -Today at 11:53 am- MarketScreener
WASHINGTON: The Biden administration is offering US$12 billion in grants and loans for automakers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday (Aug 31). "While we transition to EVs, we want to ensure that workers
US offers $12 billion for automakers, suppliers to make advanced vehicles kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.