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A financial filing by Lordstown Motors this week citing a lack of cash to start production of its pickup truck may not be the end for the electric startup, but it could make the company a takeover candidate, according to Ohio State University economic development professor Ned Hill.
U.S. to work with allies to secure electric vehicle metals
By Firtsname Lastname Title | Company, if any
General Motors assembly workers connect a battery pack underneath a partially assembled 2018 Chevrolet Bolt EV
WASHINGTON - The United States must work with allies to secure the minerals needed for electric vehicle batteries and process them domestically in light of environmental and other competing interests, the White House said on Tuesday.
The strategy, first reported by Reuters in late May, will include new funding to expand international investments in electric vehicles (EV) metal projects through the U.S. Development Finance Corporation, as well as new efforts to boost supply from recycling batteries.
Go cram the Washington Monument up your asses, Congress. pic.twitter.com/ggV7WjOv3f
What he said.
Making it rain on the bureaucrats right out of the gate, with $47,000,000 for Processing, researching, and marketing .
Public engagement, support services, miscellaneous supplies and expenses….this is the administrative state pigs flooding their trough pic.twitter.com/q2cZevC8tK
Reminder, Americans who will actually receive assistance (and that’s not all of us) will get a whopping $600.
Keep going.
$24,192,000 for the Office of the Chief Economist.
What do these guys even do? Always fun learning about government offices you didn t even know existed. pic.twitter.com/GnVVf6lCsq