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Fast & furious: Will Biden s $174BN accelerate a global EV boom? | Automotive Industry News

The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet. The proposal, which requires congressional approval, is likely to be targeted by progressives as too little in scope and by Republicans as unfairly using taxpayer funds to help the alternative energy sector while harming others, such as the oil industry. Market researchers, oil-energy advocates and other critics warn that it may not be enough to make a dent in the sale of gas guzzlers in the U.S. any time soon.

Biden Plan Pushes EV Charging Network

Biden Plan Pushes EV Charging Network
rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Lordstown Motors Corp Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Lordstown Motors Corp Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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