Biden pitches $174 billion EV plan in Michigan, takes truck for a spin
By Nandita Bose and David Shepardson
Reuters
DEARBORN, Mich./WASHINGTON (Reuters) -President Joe Biden made the case on Tuesday for his $174 billion electric-vehicle proposal, urging automakers not to build zero-emission vehicles abroad for U.S. consumers - and even got to take a new zero-emission truck out for a drive. We need automakers and other companies to keep investing here in America and not take the benefits of our public investments and expand electric vehicles and battery manufacturing abroad, Biden said on a visit to a Ford Motor Co electric-vehicle plant in Dearborn, Michigan, to see the EV version of its best-selling F-150 pickup truck.
Biden pitches $174B EV plan in Michigan, takes truck for a spin
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Biden pitches $174B EV plan in Michigan, takes truck for a spin
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Lordstown Motors Corp (NASDAQ: RIDE) is trading significantly higher Monday after the company set the dates for its Lordstown Week event.
What Happened: Lordstown Motors announced its Lordstown Week will take place at the company s Ohio headquarters from June 21-25. The event will be hosted by company executives and feature factory tours, presentations and test drives of the company s electric commercial pickup truck, the Lordstown Endurance. Investors, analysts, customers and partners will spend time with the management team, and tour the Lordstown Motors facilities to experience firsthand how the production team is preparing the plant for the ramp up to be ready for the beginning of early production units of the Endurance in late September of this year, Lordstown Motors stated via press release.