Wednesday, August 4, 2021
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Biden proposes change in “Buy American” rules to increase US-made product content

The Biden Administration wants more taxpayer spending to go toward American-made products and has issued a proposed rule change to that end. If it’s passed, it will require any government spending to include at least 60% US-made components immediately. The proposal also stipulates future increases to that threshold: 65% by 2024 and 75% by 2029. […]
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How could a new infrastructure bill impact EV stocks?

President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US...

Jonathan Smoke, Chief Economist at Cox Automotive breaks down the latest Dealer Sentiment Index

Recently, Cox Automotive published its quarterly Cox Automotive Dealer Sentiment Index for Q2. The index measures dealer sales expectations and how they perceive current...

Amazon leads the way with commitment to 14 more renewable energy projects

Amazon has announced 14 new projects using renewable energy to offset and/or reduce their emissions.  The projects are spread across locations in the US,...

Fuel shortage on east coast spurs Americans to consider EVs

After the Colonial Pipeline was the subject of a ransomware cyberattack by cybercriminal organization DarkSide. While the event was resolved with a multi-million-dollar payment from...

New batch of stimulus checks issued to 1.8M recipients, and they could be car buyers

As part of the American Rescue Plan Act, stimulus checks are being issued to eligible recipients by the Treasury Department and Bureau of the...

Memorial Day road trip predictions show return to pre-pandemic travel in US

It’s estimated that Americans will be driving this Memorial Day weekend at higher rates than even before the pandemic began. Arrivalist is predicting that...

Americans are optimistic about travel plans as traffic volumes return to normal

In most jurisdictions, the number of cars on the road today looks very close to how it appeared prior to March 2020. According to...
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