EV Giveaway: Biden Administration Lends $6 Billion to Troubled Rivian for Electric Vehicle Factory

EV Giveaway: Biden Administration Lends $6 Billion to Troubled Rivian for Electric Vehicle Factory

Justin Sullivan /Getty The Biden administration has agreed to lend $6 billion to troubled electric vehicle manufacturer Rivian to build a new factory near Atlanta, Georgia, a massive giveaway from an administration in love with EVs. The New York Times reports that the Biden administration has announced that it will provide a $6 billion loan to Rivian, which produces electric vehicles but has struggled significantly in recent years. The loan will be used to finance the construction of a new facto...
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Desperate Biden raises US tariffs on Chinese electric vehicles

Desperate Biden raises US tariffs on Chinese electric vehicles

Foolish: President Joe Biden’s move to raise electric vehicle tariffs ignores the climate change crisis. Photo: Kevin Dietsch/Getty Images United States President Joe Biden’s administration has just announced 100% tariffs on electric vehicles (EVs) manufactured in China, prompting Donald Trump to promise a 200% tariff on Chinese cars made in Mexico if he is elected in November. Neither policy would have notable effects on the US car market, because imports of Chinese EVs are miniscule, owing...
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Biden announces 100% tariff on Chinese-made electric vehicles – The Guardian

Biden announces 100% tariff on Chinese-made electric vehicles – The Guardian

The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap imports. In a move that is likely to inflame trade tensions between the world’s two biggest economies, the White House said it was imposing more stringent curbs on Chinese goods worth $18bn. Sources said the move followed a four-year review and was a preventive measure designed to stop cheap subsidised Chinese goods flooding...
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Biden Administration Announces Rules Aimed at Expanding Electric Vehicles – The New York Times

Biden Administration Announces Rules Aimed at Expanding Electric Vehicles – The New York Times

Climate|Biden Administration Announces Rule Aimed at Expanding Electric Vehicles https://www.nytimes.com/2024/03/20/climate/biden-phase-out-gas-cars.html U.S. World Business Arts Lifestyle Opinion Audio Games Cooking Wirecutter The Athletic Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. Biden Administration Announces Rule Aimed at Expanding Electric Vehicles The regulat...
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