EV startup Rivian is in preliminary discussions to build its $5 billion plant, the Senate gives approval to a budget amendment that would reduce eligibility for EV tax credits, and Nissan will close its Smyrna, Tennessee, plant for two weeks starting Aug. 16 due to the semiconductor chip shortage.
After months of bipartisan deliberation, the $1 trillion infrastructure package, formally known as the Infrastructure Investment and Jobs Act, reached the senate floor for debate.
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