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California backing lithium-ion batteries with $13 2 million in grants

GM to make $650M investment in domestic lithium production in Nevada

General Motors announced Tuesday it will make a $650 million equity investment in Lithium Americas to develop the Thacker Pass mine in Nevada to produce material needed for its electric vehicles.

Ford slashes cost of EVs as it plans to boost production of Mustang Mach-E

Ford announced Monday it is reducing the prices of electric vehicles to "remain competitive in the marketplace," following on the heels of price reductions by EV leader Tesla.

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