U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles Inflation Reduction Act of 2022 International Trade and World Market Manchin, Joe III Tax Credits, Deductions and Exemptions Treasury Department United States Economy United States Politics and Government

U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies

The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
Ford Will Build a U.S. Battery Factory With Technology From China
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Ford Will Build a U.S. Battery Factory With Technology From China

Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.
Electric Vehicles Could Match Gasoline Cars on Price This Year
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Electric Vehicles Could Match Gasoline Cars on Price This Year

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
As Federal Cash Flows to Unions, Democrats Hope to Reap the Rewards
Posted inElectric and Hybrid Vehicles Inflation Reduction Act of 2022 Infrastructure (Public Works) International Brotherhood of Electrical Workers Organized Labor Tax Credits, Deductions and Exemptions Wages and Salaries West Virginia

As Federal Cash Flows to Unions, Democrats Hope to Reap the Rewards

In places like West Virginia, money from three major laws passed by Congress is pouring into the alternative energy industry and other projects. “I think it’s a renaissance for the labor movement,” said one union official.