Connect with us

Hi, what are you looking for?

Tasty Woo

Finance

US Owns The Future Of Automobiles Industry, President Biden Say

Photo: Global News

According to Biden, ” The Future Of Automobiles Industry in America is Back,” and as a result of his “Investing in America” strategy, the US will “own” the global auto market.

President Biden’s comments on the U.S.’s booming future of automobiles industry

President Biden got into a vehicle during a tour of the Detroit Auto Show. EVAN VUCCI/ASSOCIATED PRESS

The Future Of Automobiles Industry has been boldly predicted by President Joe Biden, who declared that “American manufacturing is back.”

Since taking office, Biden has pushed for strong “Made in America” regulations, particularly in relation to the American production of electric cars (EVs), EV chargers, and EV batteries that predicts the future of automobiles industry.

During the COVID-19 pandemic, when a global scarcity of semiconductor chips halted vehicle production and sent new car costs beyond the reach of many Americans’ budgets, the need for strong and reliable local production became all the more evident and becoming the rea deal in the future of automobiles industry.

However, the United States has accelerated manufacturing and job growth as a result of a number of pieces of legislation, such as the Bipartisan Infrastructure Law, the Inflation Reduction Act, and the CHIPS and Science Act which somehow helps predict the future of automobiles industry in America.

READ ALSO: A Biden Plan Eliminates Student Loan Payments For Millions Of People

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Health

Governor Roy Cooper of North Carolina, along with nine other governors, has written a letter to Congress calling for enhanced federal funding for the...

Crime

Families and friends of Ellen Greenberg are still asking for justice after she was brutally killed and found dead in her apartment 12 years...

Food

When you have your USA Food Bucket List prepared to try local dishes as you go, traveling the country is so much more enjoyable!...

Us News

MILLIONS of Americans are eligible for Energy Rebates of between $500 and $1,500 Connecticut is offering eBike purchase vouchers between $500 and $1,500 to...