Can the Climate Bill Boost the EV Industry?

Bloomberg Technology published this video item, entitled “Can the Climate Bill Boost the EV Industry?” – below is their description.

RedBlue Capital General Partner and Co-Founder Olaf Sakkers and Bloomberg’s Kyle Stock join Ed Ludlow to discuss Congress’s Inflation Reducation Act, which carves out a slice of roughly $374 billion in climate and energy spending for cleaner commercial vehicles, and how it can help boost the industry.

Bloomberg Technology YouTube Channel

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About This Source - Bloomberg Technology

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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