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Factbox: How a revamped U.S. biofuel program could help electric vehicle makers

Reuters · Reuters · last updated

The Biden administration on Thursday proposed an overhaul of the nation’s biofuel policy that would for the first time allow electric vehicle manufacturers to tap into a lucrative market for tradable renewable fuels credits.

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Related Knowledge Center: Electric vehicles

State of Play

As electric vehicles — critical in the effort to reduce emissions in transportation — become more economical, the federal government and some states are addressing the need for supporting infrastructure, such as charging stations.

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