Biden administration

First TikTok, now smart cars: How Biden’s new proposed ban will affect U.S. automakers

The White House issued a long-anticipated proposal Monday that would ban Chinese smart cars because internet-connected vehicles pose a national security risk. The proposal, made amid an escalating trade war, could affect U.S. automakers and suppliers that rely on certain hardware to enable connected vehicle systems.    “This is both strategic political theater designed to head

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The 25 battery tech startups that just got a piece of $3B in federal funds  

The federal government is handing out another $3 billion to startups in the buzzy battery tech sector.  The investment, which the Biden administration announced Friday, is the latest injection of capital to come from a $16 billion pot that the Department of Energy set aside to build out local battery manufacturing, processing, and recycling facilities.

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