Biden’s Electric Car Problem
November 16, 2023
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25:11Now PlayingBiden’s Electric Car Problem
YouTube Description
as posted by the channelA little over a year ago, at President Biden’s urging, congressional democrats passed a sweeping plan to supercharge the production and sale of electric vehicles.
Jim Tankersley, who covers economic policy for The Times, explains whether the law is actually working.
GuestJim Tankersley () , an economic policy correspondent for The New York Times.
Background reading:
• President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales () .
Growth is brisk but slower than expected () , causing automakers to question their multibilliondollar investments in new factories and raising doubts about the effectiveness of federal incentives.
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