Photo Credit:Fair Use [17 U.S.C. § 107]

Electric Cars Are Creating A New Economy - And Leaving Some Towns Behind

22 Mar 2023 | Abstracted from Washington Post

"...Stellantis ended production at the 58-year-old [Belvidere Jeep] plant and laid off roughly 1,200 workers...The decision...shows the dark side of the zero-emissions economy the Biden administration is championing...As it embarks on its biggest retooling in a century, the auto industry has announced more than $70 billion of EV investments in the United States alone.

"Protecting jobs in the EV transition will be a top concern for the United Auto Workers union."

ADDITIONAL RELATED NEWS LINKS

• Jigar Shah's Sector Spotlight – Advanced Vehicle Components


• This US Election Is An EV Referendum


• The $1.7 Billion Bet On American-Made EVs, Explained By The Secretary of Energy


• Move Over, Michigan: Georgia Now Leads In Building Next-Generation Electric Vehicles


• "No Mandate. You Can Purchase A Gas Car": Pete Buttigieg Lists Ways He Says Scott Perry's Wrong About Electric Vehicles.


• The Non-Passenger Side Of The EV Industry


• Electric Vehicle Popularity Is Hidden Amidst Controversies


• The Biggest Winners Of President Biden's Green Climate Policies? Republicans.


• More Than $1 Billion In EV Tax Credits Issued Upfront To Buyers, Treasury And IRS Say


• Electric Cars Are Suddenly Becoming Affordable