Biden to invoke Defense Production Act for electric vehicle battery materials - CNBC

3/31/2022 12:00:00 AM3 years 1 month ago
by Emma Newburger
by Emma Newburger
President Biden's order could help companies receive government money for studies on projects that extract materials like lithium and nickel for EV production.
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoli… [+3450 chars]
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