The United States of America, through its Department of Energy (DOE) has announced a $15.5 billion USD funding opportunity for auto manufacturers and organizations focused on electric vehicle (EV) production, vehicle assembly, as well as battery materials.
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The program aims to expand the country’s production of hybrid, hydrogen fuel cell, plug-in hybrid and plug-in electric vehicles and their related components. According to the DOE’s report, concept papers for the funding has a deadline date of October 2 2023, and application for the program is due December 7 2023.