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The automaker also is working on next-generation batteries even more advanced than the new Ultium battery that it unveiled in March, according to GM Executive Vice President Doug Parks, who was speaking at an online investor conference. Reuters reported exclusively in early May that Tesla, in partnership with Chinese battery maker CATL, plans to introduce its own million-mile battery later this year or early next.

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Arizona Senator Kyrsten Sinema grills Mnuchin for his lack of urgency on providing PPP loans to small businesses.

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