Autolitics
  • auto
  • culture
  • design
  • meta
  • user experience
  • video
Select Page
$12 Billion in federal funding for EV factories

$12 Billion in federal funding for EV factories

by Ricki Muñoz | Sep 1, 2023 | auto, economy, politics

The funds, from the Department of Energy, are available as loans to support the transition of manufacturing plants to build EVs or hybrid vehicles. This is likely aimed at supporting both auto unions, to help persuade automakers to keep plant capacity on US soil, and...