News Digest / Ticker: SOUHY

Ticker: SOUHY

06:02am, Friday, Sep 20, 2024

U.S. Government Unleashes $3 Billion to Empower Domestic Battery Manufacturing

The U.S. government plans to invest $3 billion in 25 domestic battery manufacturing projects across 14 states, aiming to enhance capabilities, reduce reliance on China, and create 12,000 jobs. Key beneficiaries include Albemarle and Honeywell.