Electric Vehicles including hybrids and plug-ins

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Chinese EV Makers to Dominate 70% of Market by 2030 Despite EU and US Tariffs (www.vcpost.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 3 months ago (1 children)

Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production

The Biden administration plans to award General Motors and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday.

The Department of Energy (DOE) announced $1.7 billion in planned grants to help fund the conversion of 11 “at risk” plants in eight states to enable the production of 1 million EVs annually, help retain 15,000 existing jobs, and create 3,000 new positions.

[–] [email protected] 3 points 3 months ago

Yup exactly what I was complaining about. The only EVs North America will allow are the giant overpriced and out of reach vehicles. Subsidies for the rich and well off.