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Foreign Automaker Lays Off Thousands of Michigan Workers after Pocketing Hundreds of Millions in Biden EV Subsidies
A multinational automaker prepared to lay off more than 2,000 American workers in August after benefiting handsomely from the Biden administration's subsidies for electric-vehicle production
Stellantis, the parent company to famous brands like Ram and Jeep, has been awarded hundreds of millions in grants from the federal government to promote its EV manufacturing. But the Biden administration's largesse has not prevented the company from laying off American workers.
In July, the Department of Energy awarded Stellantis subsidiary Chrysler a $334.8 million grant to convert a shuttered Illinois plant into a facility for building EVs and another $250 million grant
originally posted by: Shoshanna
a reply to: pianopraze
Here's an idea. This may be too far out of the box for "corporate" but why not keep the jobs and turn the plant into a regular car plant instead of electric cars. Who wants an electric car? Now that I read about UPS flight 6 I'm too paranoid of the battery blowing up or catching fire I dont want that thing plugged into my house.
originally posted by: Boomer1947
originally posted by: Shoshanna
a reply to: pianopraze
Here's an idea. This may be too far out of the box for "corporate" but why not keep the jobs and turn the plant into a regular car plant instead of electric cars. Who wants an electric car? Now that I read about UPS flight 6 I'm too paranoid of the battery blowing up or catching fire I dont want that thing plugged into my house.
First, in response to your question about "who wants an electric car?", here's a typical market forecast
rmi.org...
If we're talking about new vehicle sales, the percentage of electric cars in the U.S. was 6.8% in May 2024, according to Edmunds sales data.
DETROIT – Ford Motor
is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV, the company said Wednesday.
Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such as a new electric commercial van in 2026, followed by two EV pickup trucks in 2027.
hile numerous companies are actively involved in the development of solid-state batteries, Japanese enterprises have emerged as leaders in this field. In October 2023, Toyota and Idemitsu Kosan announced a partnership to develop solid-state batteries for EVs. The companies aim to establish a robust supply chain and mass produce commercial solid-state EV batteries as early as 2027.Honda is also seeking to transition from liquid to solid electrolytes, with the company recently suggesting that solid-state batteries may be a way to make EVs more affordable. To facilitate large-scale production of solid-state batteries, Honda is working on defining fabrication techniques and selecting optimal materials.