Reported 1 day ago
The Trump administration's Department of Energy plans to cut billions in federal funding, impacting major automakers like GM and Ford as well as numerous startups. Over $500 million in grants awarded under the Bipartisan Infrastructure Law may be canceled, with significant implications for companies focused on innovative materials and battery technologies. Notable affected entities include General Motors, which could lose funding for electric vehicle production, and various startups developing low-carbon construction materials.
Source: YAHOO