An agreement with the White House to allow electric cars made by other automakers is part of a broad drive to improve charging and increase sales of battery-powered vehicles.
If it fails or misfires, then it will greatly limit the number of tools to fight climate change or a recession.
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from new and recycled sources.
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
In a win for the Biden administration, the United States Postal Service said it would spend nearly $10 billion to create one of the largest electric truck fleets in the nation.
Hyundai’s huge new plant outside Savannah could be a model for bipartisanship and a central achievement for Raphael Warnock, whose biggest efforts otherwise fell short. But Republicans aren’t giving him credit.
The president’s “Made in America” plan has drawn accusations of protectionism from Europe as the United States tries to keep its Western allies aligned against Russia.
The tech industry, long considered a bastion of progressivism and social liberalism, is moving to the right.