Rivian Seeks Federal Loan To Restart Georgia Plant Despite $1.5 Billion in State Incentives
The state of Georgia is already funding the purchase and preparation of the land; now the company wants the feds to help out with the rest.
The state of Georgia is already funding the purchase and preparation of the land; now the company wants the feds to help out with the rest.
China has dominated the market—thanks in part to a robust industrial policy.
Oshkosh Defense’s USPS van is thousands of dollars more expensive than the industry standard.
Whether her reversal is sincere or politically expedient, Harris is right not to try changing people's driving habits by force.
The automaker is choosing to prioritize hybrids, which are more popular and provide a better option for many motorists. But the EPA only foresees a minor role for hybrids.
North Carolina taxpayers have already spent over $96 million on the site, while state officials have seized multiple private properties.
People making the same income should be paying the same level of taxes no matter how they choose to live their lives.
Although former President Donald Trump's deregulatory agenda would make some positive changes, it's simply not enough.
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
Youngkin's administration says the state will adhere to federal emissions standards beginning in 2025.
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While the private sector builds hundreds of public chargers, the government spends billions of dollars for just a handful of charging stations.
Despite both presidential candidates touting protectionist trade policy, tariffs do little to address the underlying factors that make it difficult for U.S. manufacturers to compete in the global marketplace.
Bad for consumers, bad for American industry, bad for his administration's own environmental goals, and bad for an increasingly irrational executive branch.
If businesses don't serve customers well, they go out of business. Government, on the other hand, is a monopoly.
Electric vehicles are not a bad thing, especially in heavily polluted China. But the market should drive demand, not central planners.
While drafted with good intentions, the rule prioritizes electric vehicles that run on batteries, even as hybrids see strong sales growth.
The company will now build everything in its existing Illinois factory, pausing construction on the Georgia plant until "later."
While a disappointment to green-tech supporters, Apple's decision reflects the growing uncertainty in the E.V. market.
Housing bats, buying an E.V., and planting trees sometimes end up being counterproductive.
It's taxpayers who lose when politicians give gifts, grants, and loans to private companies.
The projects include $1.4 million for a charging station in a remote Alaskan community with barely 2,000 people.
Tariffs of 25 percent introduced under Donald Trump have been allowed to remain in place, and Biden may tack on even more to shield American firms from competition.
A new inspector general report indicates that officials knew that the industrial park had been targeted in the past.
Plus: State officials attempt to ban Donald Trump from 2024 election ballots.
Motorists complain about long lines at charging stations as civil servants queue up in city-owned electric vehicles.
The bulk of the employees may be able to find work elsewhere within the company, but the state could still be on the hook for the promised cash.
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According to a Treasury Department website, two of the three Cybertruck models currently offered would qualify for tax credits.
Vietnamese electric vehicle manufacturer VinFast has lost $5.8 billion in three years, during which time the state of North Carolina pledged $1.2 billion in state incentives.
More than $2 billion has been distributed, but only two states have even broken ground and most states haven't even submitted proposals.
Lawmakers should consider a user-fee system designed to charge drivers by the mile.
The senator has introduced an amendment to the AM For Every Vehicle Act, sponsored by Sens. Ed Markey and Ted Cruz.
For the third time in five years, the Center for Economic Accountability found an electric vehicle or battery plant to be the most egregious waste of taxpayer funds.
President Joe Biden's support for the United Auto Workers might have harmed his push for a faster transition to electric vehicles.
While the partnership between Hyundai and Amazon is a good first step, states should get rid of laws that mandate franchise dealerships.
When the Biden administration temporarily suspended its own protectionist policies, Senate Republicans voted to reinstate them.
Instead of looking like a future president, Newsom comes off as just another small man in a big office.
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
Ford and General Motors have tempered plans for E.V. production, but governments still spend billions of dollars in incentives.
Mark Mills and Rosario Fortugno debate the future of electric vehicles.
Will electric cars disappoint environmentalists? Mark Mills and Rosario Fortugno debate.
The Golden State's new rules—which Pennsylvania's Environmental Quality Board opted to copy—will increase the cost of a new truck by about one-third.
The president voiced support for the union's goals on the picket line but companies are already struggling to build fuel-efficient cars that Biden wants to prioritize.
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The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
One company is betting that it can run a commercially viable passenger rail service without massive federal subsidies.