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42 U.S. Code § 17012

Advanced battery loan guarantee program

42 U.S. Code § 17012. Advanced battery loan guarantee program

(a) Establishment of program
The Secretary shall establish a program to provide guarantees of loans by private institutions for the construction of facilities for the manufacture of advanced vehicle batteries and battery systems that are developed and produced in the United States, including advanced lithium ion batteries and hybrid electrical system and component manufacturers and software designers.
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