$532 million committed to National Battery Strategy, but no plan yet on how to reclaim supply chain from s124l tax code Watch Video
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⏲ Duration: 2:20 👁 View: 2.8M times ✓ Published: 23-May-2024
Description: Battery production will get a $500 million boost from the Federal government as part of a newly released national battery strategy. The funding will be a tax incentive for production, but the details of the scheme remain unknown.
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