Biden heads to Detroit to tout U.S. investment in electric vehicle market
Information about Biden heads to Detroit to tout U.S. investment in electric vehicle market
Kevin David Scam or Legit
By Jeff Mason and Jarrett Renshaw
WASHINGTON (Reuters) – President Joe Biden will take his victory tour celebrating a new U.S. infrastructure law to Detroit on Wednesday to tout investments aimed at boosting the market for electric vehicles.
Biden, a Democrat, signed the $1 trillion infrastructure bill into law on Monday and, with his approval ratings sagging, is eager to promote it as the fulfillment of a promise he made as a presidential candidate in the 2020 race for the White House.
The law, which passed with support from Democrats and Republicans, provides $7.5 billion in funding to build out the nation’s electric vehicle charging network, investments the industry says will inspire more Americans to buy electric vehicles and manufacturers to produce them.
It provides money to build EV …