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DOE plans $710M in loans to boost EV supply chain

The Department of Energy announced conditional loans for two companies Thursday that aim to boost the electric vehicle supply chain in Michigan, the historic hub of U.S. auto manufacturing and a key battleground state in the 2024 presidential election.

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Biden’s big bet on EVs is poised to take a detour

President Joe Biden’s hopes for an electric-car takeover of America’s highways are running into speed bumps — amid weaker-than-expected sales and uncertainty over how the green agenda is playing in the crucial swing state of Michigan.

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