{"id":35441,"date":"2022-06-03T19:44:15","date_gmt":"2022-06-03T19:44:15","guid":{"rendered":"https:\/\/harchi90.com\/biden-tucked-500million-bid-to-build-more-electric-vehicles-into-the-ukraine-aid-bill\/"},"modified":"2022-06-03T19:44:15","modified_gmt":"2022-06-03T19:44:15","slug":"biden-tucked-500million-bid-to-build-more-electric-vehicles-into-the-ukraine-aid-bill","status":"publish","type":"post","link":"https:\/\/harchi90.com\/biden-tucked-500million-bid-to-build-more-electric-vehicles-into-the-ukraine-aid-bill\/","title":{"rendered":"Biden tucked $ 500million bid to build more electric vehicles into the Ukraine aid bill"},"content":{"rendered":"<div id=\"js-article-text\" wp_automatic_readability=\"95.405827461436\">\n<h2>REVEALED: Biden tucked $ 500million bid to build more electric vehicles into the Ukraine aid bill by giving more funds to look for critical battery minerals<\/h2>\n<ul class=\"mol-bullets-with-font\">\n<li class=\"class\"><strong>Both Biden and Ukrainian leaders had said that the $ 40 billion emergency aid package was essential for Ukraine&#8217;s war against Russia<\/strong><\/li>\n<li class=\"class\"><strong>Tucked into that package was half a billion dollars to be allocated under the Defense Production Act to companies obtaining critical battery minerals <\/strong><\/li>\n<li class=\"class\"><strong>That&#8217;s in addition to the $ 750 million DOD was authorized to dole out to mining companies when Biden first invoked DPA for critical minerals<\/strong><\/li>\n<li class=\"class\"><strong>Those funds also build on the $ 7 billion in federal funding from the bipartisan infrastructure bill last year <\/strong><\/li>\n<\/ul>\n<p class=\"author-section byline-plain\">By Morgan Phillips, Politics Reporter For Dailymail.Com <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intent\/follow?screen_name=_phillipsmorgan&amp;tw_p=followbutton\" class=\"twitter-follow-author\"><span class=\"follow-author\"><\/span><\/a> <\/p>\n<p class=\"byline-section\"><span class=\"article-timestamp article-timestamp-published\"> <span class=\"article-timestamp-label\">Published:<\/span> <time datetime=\"2022-06-03T16:16:56+0100\">  11:16 am EDT, June 3, 2022 <\/time> <\/span>  | <span class=\"article-timestamp article-timestamp-updated\"> <span class=\"article-timestamp-label\">Updated:<\/span> <time datetime=\"2022-06-03T17:54:26+0100\">  12:54 PM EDT, June 3, 2022 <\/time> <\/span> <\/p>\n<p> <!-- ad: https:\/\/mads.dailymail.co.uk\/v8\/us\/news\/none\/article\/other\/para_top.html --> <!-- CWV --><!--[if !IE]><!--> <link href=\"https:\/\/www.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-async-bundle\/6.29.3\/articleDefer.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <!--<![endif]--> <!--[if IE]>\n<link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/1.17.0\/registration--.css\" media=\"screen\" rel=\"stylesheet\" type=\"text\/css\" \/>\n<![endif]--> <!--[if !IE]><!--> <link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/17.13.0\/registration--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <!--<![endif]--><!--[if IE]>\n<link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/1.17.0\/all-ie8-9--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/>\n<link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/1.17.0\/all1-ie8-9--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/>\n<![endif]--> <!--[if !IE]><!--> <link href=\"https:\/\/www.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-sync-bundle\/6.10.0\/desktop.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/17.14.3\/all--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/17.14.3\/all1--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <!--<![endif]--><!--[if gte IE 8]><!--> <link rel=\"stylesheet\" type=\"text\/css\" media=\"screen\" href=\"https:\/\/www.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-fff\/2.2.0\/styles\/fff.css\" \/> <!--<![endif]-->  <!--[if IE 8]>\n\n<![endif]--> <!--[if IE 9]>\n\n<![endif]--> <!--[if IE]>\n\n<![endif]--> <!--[if !IE]> -->  <!--<![endif]--><\/p>\n<p>   <!-- SiteCatalyst code version: H.20.3.\n    Copyright 1997-2009 Omniture, Inc. More info available at\n    http:\/\/www.omniture.com -->  <\/p>\n<p>         <!-- End SiteCatalyst code version: H.20.3. -->  <!--[if IE]>\n\n<![endif]--> <!--[if !IE]> -->   <!--<![endif]--><!--[if IE]>\n  \n  <noscript><link rel=\"stylesheet\" href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/gunther-2159\/video_bundle--.css\"><\/noscript>\n  \n<![endif]--> <!--[if !IE]> --> <link rel=\"preload\" href=\"https:\/\/www.dailymail.co.uk\/static\/videoplayer\/6.13.0\/styles\/mol-fe-videoplayer.min.css\" as=\"style\" onload=\"this.rel=\" stylesheet=\"\" \/> <noscript><link rel=\"stylesheet\" href=\"https:\/\/www.dailymail.co.uk\/static\/videoplayer\/6.13.0\/styles\/mol-fe-videoplayer.min.css\" \/><\/noscript>  <!-- <![endif]-->   <!-- CWV --><\/p>\n<div itemprop=\"articleBody\" wp_automatic_readability=\"81.550137153307\">\n<p class=\"mol-para-with-font\">President Biden has tucked another $ 500 million to fund production of the minerals used to make batteries for electric cars into the Ukraine aid bill passed by Congress. <\/p>\n<p class=\"mol-para-with-font\">Both Biden and Ukrainian leaders had said that the $ 40 billion emergency aid package was essential for Ukraine&#8217;s war against Russia.  But tucked into that package was not only military aid but half a billion dollars to be allocated under the Defense Production Act to companies obtaining critical battery minerals like nickel, cobalt, lithium and graphite, Bloomberg first noted. <\/p>\n<p class=\"mol-para-with-font\">That&#8217;s in addition to the $ 750 million the Defense Department (DOD) was authorized to dole out to mining companies in March when Biden first invoked the Defense Production Act for critical minerals. <\/p>\n<p class=\"mol-para-with-font\">Those funds also build on the $ 7 billion in federal funding from the bipartisan infrastructure bill last year that companies are now vying for to bankroll the refining, manufacturing and recycling of electric vehicle batteries. <\/p>\n<p class=\"mol-para-with-font\">The $ 40 billion Ukraine aid bill included $ 20 billion to fund direct transfers of advanced weapons systems to Ukraine, $ 8 billion in general economic support, $ 5 billion to address food shortages across the globe and over $ 1 billion in support for refugees, in addition to the $ 500 million for mineral production.  The bill passed 86 to 11 in the Senate. <\/p>\n<div class=\"artSplitter mol-img-group\" style=\"style\" wp_automatic_readability=\"12\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\">  <\/div>\n<p> <noscript> <img loading=\"lazy\" id=\"i-7594687e1d59f977\" src=\"https:\/\/i0.wp.com\/i.dailymail.co.uk\/1s\/2022\/06\/03\/16\/58645751-10882241-image-a-10_1654269280950.jpg?resize=634%2C423&#038;ssl=1\" height=\"423\" width=\"634\" alt=\"Biden tests the new electric Ford F-150 lightning truck as he visits VDAB Ford facility in Dearborn, Michigan, US, May 18,\" class=\"blkBorder img-share\" data-recalc-dims=\"1\" \/> <\/noscript> <\/div>\n<p class=\"imageCaption\">Biden tests the new electric Ford F-150 lightning truck as he visits VDAB Ford facility in Dearborn, Michigan, US, May 18,<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\" style=\"style\" wp_automatic_readability=\"8\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" id=\"i-b684d833e1219c9a\" src=\"https:\/\/i0.wp.com\/i.dailymail.co.uk\/1s\/2022\/06\/03\/16\/58645749-10882241-image-a-9_1654269277749.jpg?resize=634%2C423&#038;ssl=1\" height=\"423\" width=\"634\" alt=\"President Biden has tucked another $ 500 million to fund production of the minerals used to make batteries for electric cars into the Ukraine aid bill passed by Congress\" class=\"blkBorder img-share\" style=\"max-width:100%\" data-recalc-dims=\"1\" \/> <\/div>\n<p> <noscript> <img loading=\"lazy\" id=\"i-b684d833e1219c9a\" src=\"https:\/\/i0.wp.com\/i.dailymail.co.uk\/1s\/2022\/06\/03\/16\/58645749-10882241-image-a-9_1654269277749.jpg?resize=634%2C423&#038;ssl=1\" height=\"423\" width=\"634\" alt=\"President Biden has tucked another $ 500 million to fund production of the minerals used to make batteries for electric cars into the Ukraine aid bill passed by Congress\" class=\"blkBorder img-share\" data-recalc-dims=\"1\" \/> <\/noscript> <\/div>\n<p class=\"imageCaption\">President Biden has tucked another $ 500 million to fund production of the minerals used to make batteries for electric cars into the Ukraine aid bill passed by Congress<\/p>\n<\/div>\n<p class=\"mol-para-with-font\">The Pentagon has so far only handed over about $ 700 million of that package in military assistance to Ukraine. <\/p>\n<p class=\"mol-para-with-font\">Biden is forging ahead with subsidies for electric vehicles even without his Build Back Better bill, which fell apart due to inflation concerns. <\/p>\n<p class=\"mol-para-with-font\">Build Back Better had included $ 320 billion for clean energy, but talks petered out as inflation started to rise.  Now with inflation higher than it&#8217;s been in 40 years at 8.3 percent, Biden has been taking heat from both sides for his loose spending policies.<\/p>\n<p class=\"mol-para-with-font\">Biden&#8217;s goal is to have half of cars and trucks on the road producing zero emissions by 2030, a goal that would have to see current EV manufacturing grow 15-fold, according to DOD documents viewed by Bloomberg. <\/p>\n<p class=\"mol-para-with-font\">Manufacturers have run low on critical minerals such as lithium and nickel needed for EV batteries due to the war in Ukraine and trade tensions and the price of nickel has soared about 50 percent since last year.  Such shortages have caused EV makers like Tesla and BYD to hike vehicle prices. <\/p>\n<p class=\"mol-para-with-font\">Flush with cash, companies could force mineral prices even higher as they scramble to find supplies, equipment and labor.  <\/p>\n<p class=\"mol-para-with-font\">And with gas prices up to $ 4.76, just under double what they were when Biden took office, still electric vehicles remain out of reach for most middle class households &#8211; the average purchasing price of an EV in April was up to $ 65,000, up 16 percent from last year.<\/p>\n<p class=\"mol-para-with-font\">Sales of all-electric and hybrid-electric vehicles nearly doubled in 2021, up 608,000 that year vs.  308,000 in 2020, but short on supply some EV makers are asking customers to wait years to get hands on some of their most popular models.<\/p>\n<\/div>\n<p>            <!-- ad: https:\/\/mads.dailymail.co.uk\/v8\/us\/news\/none\/article\/other\/inread_player.html --><\/p>\n<p><span class=\"mol-ads-label-container\"><span class=\"mol-ads-label\">Advertisement<\/span><\/span><\/p>\n<div class=\"column-content cleared\">\n<div class=\"shareArticles\">\n<h3 class=\"social-links-title\">Share or comment on this article: <\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REVEALED: Biden tucked $ 500million bid to build more electric vehicles into the Ukraine aid bill by giving more funds to look for critical battery minerals Both Biden and Ukrainian leaders had said that the $ 40 billion emergency aid package was essential for Ukraine&#8217;s war against Russia Tucked into that package was half a &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/biden-tucked-500million-bid-to-build-more-electric-vehicles-into-the-ukraine-aid-bill\/\"> <span class=\"screen-reader-text\">Biden tucked $ 500million bid to build more electric vehicles into the Ukraine aid bill<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[287,146,5368],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/i.dailymail.co.uk\/1s\/2022\/06\/03\/16\/58645751-10882241-image-a-10_1654269280950.jpg","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/35441"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=35441"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/35441\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=35441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=35441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=35441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}