Monday, 4 September, 2023

Biden Announces $15.5B Investment to Boost Battery and EV Manufacturing

President Biden has unveiled a $15.5 billion investment plan to support the manufacturing of batteries and electric vehicles (EVs) in the United States. The initiative aims to accelerate the growth of the EV market, increase domestic production, and reduce greenhouse gas emissions. The funding reflects the administration's commitment to advancing sustainable transportation and fostering innovation in the clean energy sector.