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Axios
Axios
Environment

The politics (and economics) of Biden's battery policy

Joe Biden Dallas Fed Ford

Biden administraion officials are taking a kitchen sink approach to boosting production of electric vehicle batteries and components — and the effects could be political as well as economic.

Catch up fast: The Energy Department on Thursday conditionally approved $9.2 billion in loans for a joint battery manufacturing venture between Ford and South Korea's SK On.

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