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11 Jul
16:51

US grants $1.7 billion for EV plant conversions

The US Department of Energy (DOE) is providing $1.7 billion to 11 shuttered or at-risk automotive plants to help them convert to electric vehicle manufacturing. Additional support comes amid the Biden Administration’s push to boost clean energy projects to prop up domestic manufacturing in the race to net zero. Some 2,900 new jobs will be created as a result of this investment, which will also help retain 15,000 workers across all 11 manufacturing and assemb…
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