US President Joe Biden approved the support package that will transform automobile factories that have closed or are close to closing into electric vehicle factories.
recently electric car Competition in the market has become quite serious. So much so that state administrators also participated in the competition of companies. Many additional taxes were imposed, especially on Chinese manufacturers, who took the market by storm with their cheap models. Now ABD is preparing to take a new step in this field.
US Government, located in 8 states a total of 11 automobile factories approved the support package aimed at supporting the transformation project. While automobile production has stopped in some of these factories, it is stated that other factories are on the verge of closing their doors. These factories will now be converted into electric vehicle production facilities.
Part of a larger package of 15.6 billion
According to the statement from White House officials, these factories will produce electric motorcycles, buses, hybrid power units, batteries to be used by heavy trucks and electric SUVs will produce. Making a statement on the subject, Biden stated that the clean energy economy will benefit both producers and employees.
On the other hand, the conditions of the support include increasing the number of unionized workers and creating new unionized jobs in the industry. The US Labor Union supports Joe Biden in the upcoming elections.
US President Biden signed a decree that will increase clean energy and electric vehicle investments in 2022.
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Source :
https://www.theverge.com/2024/7/11/24195811/biden-ev-factory-retrofit-conversion-grant-funding
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