Tesla co-founder’s startup gets $2 billion to boost EV battery production

Grist
By Gabriela Aoun AngueiraFeb 13, 2023, 11:15 am233 pts
The Department of Energy has agreed to loan a Nevada startup $2 billion to support its production of critical battery materials, a staggering sum that illustrates the Biden Administration’s determination to domesticate the electric vehicle supply chain. Redwood Materials will use the money for construction of…

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