The automaker and a supplier will spend $11.4 billion on three battery factories and a truck plant, creating 11,000 jobs.
A report by a liberal think tank tries to quantify the potential employment gains and losses, concluding that subsidies will be crucial.
A report by a liberal think tank tries to quantify the potential employment gains and losses, concluding that subsidies will be crucial.
Chancellor Angela Merkel steered Europe through crises, and Germany has boomed during her tenure. But she has ducked changes needed to ensure the success lasts, analysts say.
The race to make electric vehicles is turning some places into winners. Normal, Ill., is one of them. But it has seen good times go sour in the past.
The infrastructure deal is a good start. But much more must be done to reduce greenhouse gas emissions.
To slow global warming, we need to electrify vast parts of our economy and power it with clean energy.
Transitioning to electric vehicles is a key part of Biden’s $4 trillion economic agenda, and Ford’s rollout of an electric version of America’s most popular vehicle is an important milestone.
The settlement between LG Energy Solutions and SK Innovation ensures that a battery plant in Georgia will go forward without hampering electric vehicle production.
Investments in the future don’t always involve concrete.