Vietnamese carmaker VinFast plots course for US market, starting with two electric crossovers


U.S. awards nearly $1 billion in infrastructure grants

The U.S. Transportation Department said Friday it was awarding nearly $1 billion in infrastructure grants as the Biden administration prepares to dramatically boost funding on the nation’s roads, bridges, rail, transit and other projects. The grants under the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program are going to 90 projects in 47 states, the District of Columbia and Guam, to rebuild roads and add rail lines — but also create new green space, new trails, bike lanes and safer streets for pedestrians. Transportation Secretary Pete Buttigieg said the department had received a “a ten-to-one ratio of requests to available dollars” for the grants.

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