Commendable support to the EV ecosystem from the US government. It was a similar loan that gave Tesla a new lease of life 15 years ago, and now Rivian. Such tangible support initiatives are the need of the hour if we are aiming for a significant EV penetration in India by 2030. https://auto.economictimes.indiatimes.com/news/commercial-vehicle/rivian-gets-usd-6-6-bn-conditional-loan-approval-to-build-georgia-ev-plant/115683846
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