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DOE Finances 'Old Guard' Auto Companies as Startups Lose Out by John Gartner

Some automotive entrepreneurs are feeling like when it comes to getting DOE funding, it's who, not what you know.

The $2.4 billion in federal funding for advanced battery and vehicle electrification announced this week boosted battery manufacturers that had prior relationships with the DOE, while some lesser-known innovators were left with hat in hand.