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Monday, April 4, 2022

To support EV battery production, Biden turns to Defense Production Act

First customer Rivian R1T (from Rivian CEO RJ Scaringe via Twitter)As part of a series of actions being taken to address gas prices and energy affordability, the Biden administration last week turned to a wartime tool to help ramp up the availability of critical materials needed for electric vehicles, sooner. According to a White House release, the Defense Production Act will be authorized to support lithium...

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