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15 Aug
17:27

US commits $50m for SMEs in EV supply chain

The US Department of Energy on Thursday committed $50 million to help small- and medium-sized suppliers adapt manufacturing facilities for the EV supply chain. The funding is part of the $2 billion Domestic Automotive Manufacturing Conversion Grant programme, which is funded by the Inflation Reduction Act (IRA). It will directed to six states – Michigan, Ohio, Indiana, Kentucky, Tennessee, and Illinois – based on the requirement that 0.5% of their work…
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