domestic

Biden administration to award $1.7B in grants to boost domestic EV production (NYSE:GM)

The Biden administration plans to award $1.7B in grants to boost production of electric vehicles and components across eight U.S. states. The U.S. Department of Energy announced $1.7B in planned grants that will support the conversion of 11 “at risk” facilities to enable the production of 1 million EVs annually.Continue Reading

China’s consumer inflation rate softens in June amid weak domestic demand; PPI falls 0.8%

In: Finance

baona The annual inflation rate in China ticked lower to 0.2% in June 2024 from 0.3% in the previous month, marking the fifth consecutive month of consumer inflation, albeit the lowest rate since March, amid weak domestic demand. Meanwhile, producer prices decreased by 0.8% year-on-year, in line with forecasts andContinue Reading

domestic

Biden administration to award $1.7B in grants to boost domestic EV production (NYSE:GM)

China’s consumer inflation rate softens in June amid weak domestic demand; PPI falls 0.8%

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