Tag Archives: ManufacturingJobs

The Best Explanation Yet For Why America Is Giving Up On EVs

The Best Explanation Yet For Why America Is Giving Up On EVs

For a while, it all seemed like it might just work out. By one estimate, about 130,000 American jobs were said to be riding on the electric-vehicle boom sparked by the Inflation Reduction Act. Other estimates put that number around 160,000; if you include indirect but related fields, it may be closer to half a million.  Regardless, it’s clear that the Biden-era legislation that laid out incentives to manufacture EVs and batteries domestically, along with penalties if automakers don’t, was set to drive a lot of employment. Add in the potential to catch up to China’s decades-long lead on battery technology and the potential for less air pollution, and America’s EV race seems like a win for all involved.  So why would President Donald Trump and a Republican-controlled Congress be so