Bosch has signed a preliminary deal with the US government for $225m of direct funding and $350m of loans for its silicon carbide plant in Roseville, California. The preliminary memorandum of terms ...
WASHINGTON (Reuters) - The U.S. Commerce Department said Friday it reached a preliminary deal with German auto supplier Bosch for up to $225 million in subsidies to build silicon carbide power ...
US reaches preliminary deal with Bosch for $225 million in chip grants Bosch logo is seen on an Active Line Plus e-bikes during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany ...
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Commerce is also offering Bosch approximately $350 million in proposed government loans for the project. The department is tapping the $52.7 billion fund to subsidise US semiconductor production and ...