US offers automakers $12bn to convert factories to EV production
The US government is offering $12 billion in grants and loans for automakers and suppliers to retrofit their plants to produce EVs, said US Energy
Source: electronicsweekly.com
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US Automakers: US offers USD 12 billion for automakers, suppliers to make advanced vehicles, ET Auto
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.
Source: indiatimes.com
US offers US$12 billion for automakers, suppliers for advanced vehicles
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
Source: channelnewsasia.com
US offers $12 billion for automakers, suppliers for advanced vehicles
WASHINGTON (Reuters) -The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday. "While we transition to EVs, we want to ensure that workers can transition in place, that there is no worker, no community left behind," Granholm, a former governor of car-manufacturing state Michigan, told reporters in a call. Speeding grants and other subsidies to fund conversion of existing auto plants to build electric vehicles could ...
Source: yahoo.com
US offers $12 billion for automakers, suppliers for advanced vehicles
WASHINGTON (Reuters) -The Biden administration is offering $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. "While we transition to EVs, we want to ensure that workers can transition in place, that there is no worker, no community left behind," Granholm, a former governor of car-manufacturing state Michigan, told reporters in a call. Speeding grants and other
Source: aol.com