Donald Trump has warned that China will completely overthrow the American car industry if Biden's EV plans come to fruition
’ goes into effect,” Trump claimed. “CHINA WILL TAKE IT ALL, 100%. United Auto Workers, VOTE FOR TRUMP. Get your leaders to ENDORSE ME, I WILL KEEP ALL OF THESE GREAT JOBS, AND BRING IN MANY MORE. CHOICE IN SCHOOLS, AND CHOICE IN CARS!!!”GM, Toyota, VW And Other Major Automakers Push Back Against Biden’s Ambitious EV Goals
Thanks largely to investments and legislative changes implemented by the Biden administration, a recent study found that some $124 billion worth of EV investments in factories and battery facilities had been announced in the U.S. since 2021. Among the companies making the biggest investments are LG Chem with $17.2 billion, Tesla with $15.7 billion, GM at $15.5 billion, and Ford with $11.9 billion,
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