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Since the 2022 Inflation Reduction Act, approximately $128 billion has been invested in domestic EV and battery manufacturing.

EV policy will play a critical role in upcoming 2024 elections

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The discourse around electric vehicles (EVs) is heating up on the political front, reporting by Reuters reveals. As the 2024 presidential race intensifies, EVs have...
gas prices

Automakers face staggering fines over proposed fuel economy standards

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General Motors would incur fines totaling $6.5 billion and Chrysler parent Stellantis $3 billion due to Biden's administration plan to raise fuel economy standards...
Earlier this week in automotive industry news: Biden supports UAW strike, Ford halts $3.5B EV plant, and new AutoNation COO unveiled.

Weekly roundup: Biden visits UAW picket line, Ford halts $3.5B Plant,...

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Earlier this week: President Biden supported the United Auto Workers strike in Detroit by jumping on the picket line. AutoNation ignited a bidding frenzy...
Auto News: GM's top brass highlights UAW contract challenges. Biden's EV vision gets a $12B boost, while Tesla changes pricing.

Weekly roundup: GM raises UAW concerns, Biden pledges $12B for EV...

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Earlier this week: General Motors' manufacturing lead, Gerald Johnson, voiced his concerns regarding contract discussions with the United Auto Workers (UAW) in a video...
Current GOP frontrunner Donald Trump criticized the automotive industry's electric vehicle transition during a weekend event in Michigan.

Trump makes case against electric vehicle push to Michigan voters

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Current GOP frontrunner Donald Trump criticized the automotive industry's electric vehicle transition during a weekend event in Michigan. Trump made the remarks at the Lincoln...
right to repair Biden, railroad strike

President Biden bets on Michigan as manufacturing hub of the nation

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While visiting a semiconductor chip manufacturer close to Bay City, Michigan, this week, President Joe Biden spoke about federal taxpayer investments in U.S. manufacturing...
President Biden

President Biden promotes American EV manufacturing at Detroit Auto Show

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During his visit to the Detroit Auto Show, President Joe Biden announced the first wave of funding for a national network of electric vehicle...
Biden

Biden announces non-binding target for EVs by 2030

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The Biden administration is continuing its efforts to facilitate the transition to all-electric vehicles, with Biden proposing a goal for 40% to 50% of...
American

Biden proposes change in “Buy American” rules to increase US-made product...

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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...
infrastructure bill

How could a new infrastructure bill impact EV stocks?

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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...