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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition.

Market 97
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The Congressional Review Act and its potential impact on EV tax credits

Plug in America

auto industry globally competitive. To spur EV adoption and increase Americans’ access to and the affordability of EVs, Congress passed legislation called the Inflation Reduction Act (IRA), which President Biden signed into law. The IRA catalyzed $500 billion in private-sector manufacturing jobs.

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2024 Polestar 2 Dual Motor Review - Not A Smart Time To Be Sexy Anyway

The Truth About Cars

While I shall never tire of the sweet sounds and scents of internal combustion, a number of forces are converging to make it entirely possible that we shall see the end of the traditional gasoline engine as we know it within our foreseeable lifetimes. Like it or not, electric vehicles are part of our world today.

Motoring 111
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The EV Transition Explained: Policy Roadblocks

Cars That Think

Affordability is expected to be just one highly contentious issue: Who, exactly, is going to pay for grid upgrades? In addition, the lack of relevant legal or industry expertise is increasingly worrisome. Public opposition to wind turbine projects is growing in Illinois, Indiana and Ohio as well.

Grid 105