Oct 5, 2023 | Auto Industry, Detroit, Featured, Unions, US Economy
General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages...
Sep 28, 2023 | Charging, Electric Vehicles, US Economy
Recently, a Washington Post story and a study from a research group issued warnings that charging an EV could cost more than filling a car with gasoline. Then CleanTechnica did their own study, concluding the opposite. Since EVs tend to cost...
Sep 28, 2023 | Electric Vehicles, US Economy
The first topic of discussion in Wednesday night’s Republican presidential primary debate was the United Auto Workers strike against the Big Three auto manufacturers. The first candidate to address the underlying issues directly was former Vice...
Sep 28, 2023 | Electric Vehicles, US Economy
Dealers are starting to sweat. Starting next year buyers will be able to apply the EV Tax credit directly to the sale price of an EV. But as Automotive News reports, dealers are worried the government won’t pay them back in a timely manner....
Sep 13, 2023 | Electric Vehicles, US Economy
President Biden has been highly attuned to the politics of electric vehicles, helping to enact billions in subsidies to create new manufacturing jobs and going out of his way to court the United Automobile Workers union. But as the union and the big U.S....
Sep 6, 2023 | Electric Vehicles, Featured, US Economy
As electric-vehicle adoption rates steadily rise around the world, a growing chorus of car executives are criticizing governments on the grounds that they’ve picked the winning horse. Stellantis CEO Carlos Tavares has been among the most...
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