INSIGHT-Chips, EVs power Biden's big bet on America's industrial policy
A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio factories – niche truck maker Battle Motors and global giant Intel Corp – show a new readiness by U.S. President Joe Biden's administration to offer subsidies and other incentives to strategic industries such as electric vehicles and semiconductors in a coordinated effort to help American businesses compete in a global economy.