US Offers $710M for EV Tech Projects

[{"selector":"#anim-9bec5825-6680-4d6c-a665-4ab104e4fe51 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-30.29149614641241%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2ba96934-6a8f-4771-a1a9-8fdf4d78f016","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9db33f80-bd6b-4e8a-8e6b-057a6c7b3918","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb614d0b-e928-4679-83dc-6ac25d0d288e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-3b0c32b1-ea92-4d46-a760-1ef0a7902f20","keyframes":{"opacity":[0,1]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c40ccb03-5d30-4f95-a56f-c7d067f1ce32","keyframes":{"transform":["translate3d(0px, 302.03693%, 0)","translate3d(0px, 0px, 0)"]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The U.S. Energy Department provisionally approves $710 million in loans for electric vehicle (EV) technology projects, with $221.8 billion remaining for clean-energy initiatives. Dot

[{"selector":"#anim-682b6b36-837c-405e-a12e-bf26b8e84f42 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e9d0dcfa-dbbb-4f13-acf0-01aa25a19a50","keyframes":{"opacity":[0,1]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5cd8c331-22ec-4872-b332-5aa01ab3ca40","keyframes":{"transform":["translate3d(0px, -752.126%, 0)","translate3d(0px, 0px, 0)"]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3da6ca2c-097c-4074-92be-e0ff76704768","keyframes":{"transform":["translate3d(114.28571%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa06d5d0-8753-430e-9241-f651a310a33f","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ed4c52e-19cb-47c3-8280-4deef2ffd441","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] boosting production of silicon carbide wafers crucial for EV drivetrains. SK Siltron CSS, a South Korean company, is slated to receive $544 million to expand its Michigan plant, Dot

[{"selector":"#anim-1781e9cd-f5bc-49f2-9d9e-6868198e9e97 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.833089055992269%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a15f5fee-e8f1-42b2-a8c8-ca2ca4e87329","keyframes":{"opacity":[0,1]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9198ac40-7b03-4308-ba37-88e3f32d23fa","keyframes":{"transform":["translate3d(0px, 561.98275%, 0)","translate3d(0px, 0px, 0)"]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e4f3745-1f14-4097-86b6-83249d9ab03f","keyframes":{"transform":["translate3d(-116.8254%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56c84e2a-f763-47e3-ab27-c83aa8dfa35b","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-25cb66b8-eaca-40d2-ac1d-c56bd6e8b390","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] contributing to a resilient domestic semiconductor supply chain, according to SK Siltron CSS CEO Jianwei Dong. The expansion could generate about 200 jobs in construction and production, Dot

[{"selector":"#anim-f8db16c1-57a4-4251-91d4-a42655c683ff [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(52.34503786699531%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e6b565e5-dcab-441c-b695-36577b84f14d","keyframes":{"opacity":[0,1]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a0bb093-dde9-4bd1-8297-7bd9e8fdcc56","keyframes":{"transform":["translate3d(0px, -403.70367%, 0)","translate3d(0px, 0px, 0)"]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de2c9e5d-29a1-4515-98d5-a14b48b5bfc6","keyframes":{"transform":["translate3d(115.55555%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c26ae210-be64-482c-92ac-cea431c61815","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c38a155-a5e4-4bad-80f7-fa842b7a07b7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] potentially creating 460 jobs across facilities in Ohio and Michigan. American Battery Solutions secures conditional approval for a $165.9 million loan to expand EV battery pack assembly operations, Dot

[{"selector":"#anim-beaed543-58a4-4185-b75d-54e8ba0b73b9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-27.34222101959041%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ca24fd4c-d5ba-4bed-b296-40939d0e7b0c","keyframes":{"opacity":[0,1]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91d4da29-a66a-4045-8770-b603d4b67f56","keyframes":{"transform":["translate3d(0px, 663.23710%, 0)","translate3d(0px, 0px, 0)"]},"delay":1500,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39748a57-2a96-4127-9416-9ceacce6bdb4","keyframes":{"transform":["translate3d(-115.55555%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-125938ca-4ecf-412a-bee9-4156f1336150","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f66316c2-7851-419d-a3eb-c65c0f6b887b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] including those related to critical minerals essential for batteries and electronics. Despite a slowdown in clean technology investment in 2023, the U.S. Energy Department remains committed to supporting strategic projects, Dot

US Offers $710M for EV Tech Projects

by Mayniaga

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