Articles for tag: 100M, Auto, Boost, Electric, Funding, Major, Parts, Shift, Suppliers, Support, Vehicles

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Major Boost: $100M Funding to Support Auto Parts Suppliers Shift to Electric Vehicles

In a bid to support auto parts manufacturers in preparing for the shift to electric vehicles (EVs), a staggering $100 million fund has been established. This significant investment aims to assist suppliers in adapting their production processes and technologies to meet the growing demand for EV components. With the automotive industry rapidly transitioning towards sustainable ...

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