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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

billion in loan guarantees to support innovative renewable energy and energy efficiency projects in the United States. It will also list current tax credits and incentives applicable to EV charging. This will result in a significantly smaller, lighter weight, less expensive battery pack (below $100/kWh) and more affordable EVs.

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