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Biden Pours $1.7 Billion into EV Industry Ahead of Elections

The Biden administration is at it again, throwing nearly $2 billion into the electric vehicle (EV) industry in a bid to curry favor in battleground states like Michigan, Pennsylvania, and Georgia. It’s almost like handing out candy to kids before an election; only this time, the candy costs taxpayers a pretty penny and has a questionable return on investment.

The White House announced that the Energy Department will be doling out $1.7 billion in grants for EV manufacturing and assembly sites. We’re talking about places that have been the backbone of the American auto industry for decades, now being force-fed a climate change agenda. Michigan, Ohio, Indiana, and a few others are on the list, as if sprinkling union jobs like fairy dust will magically create a booming economy.

This latest stunt covers a range of EV components, from electric motorcycles to hybrid powertrains and heavy-duty commercial truck batteries. Biden firmly believes this will be a “win-win” for union autoworkers and automakers. Apparently, someone needs to remind him that throwing taxpayer money around doesn’t necessarily mean companies will succeed or that these “good-paying, union manufacturing jobs” will last.

Of course, Biden can’t resist patting himself on the back, claiming this investment is evidence of his commitment to an American-made auto industry powered by union workers. He paints a rosy picture of workers making a triumphant comeback thanks to his policies, all while sidestepping his own administration’s abysmal handling of issues like inflation and border security. 

 

Meanwhile, Biden’s numbers are tanking faster than a lead balloon post-debate. Not even the Democratic establishment, Pelosi included, will give him a full vote of confidence. That hasn’t stopped him from pushing his green agenda, hoping the environmental reviews and negotiations somehow don’t stall this taxpayer-funded gamble.

Notably, former President Trump remains a dominant force in the GOP, even as Biden tries to change the narrative with his EV giveaways. The whole push for these grants comes with strings attached, supposedly to ensure worker and community commitments are met. Funny how that sounds an awful lot like a handout to win votes in critical states.

In short, the administration is pouring more money, and hope, into an EV dream while the rest of the country deals with the reality of their wallets getting lighter. This newest pledge to support the U.S. auto industry is just another episode in the ongoing saga of misguided policies and taxpayer woes.

Written by Staff Reports

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