“…nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components…”
“…grants to help fund the conversion of 11 “at risk” plants in eight states to enable the production of 1 million EVs annually, help retain 15,000 existing jobs, and create 3,000 new positions…”
These are grants to upgrade specific factories in the US.
I love how corporate handouts to already insanely wealthy companies are cool, but paying for shit like healthcare and housing for our own people gets decried as communism or some other silly bullshit.
It would be cheaper in the long run to fund initiatives like that (never mind it would be the Christian thing to do, despite opponents of such things loudly claiming to be Christians). Instead, we prop up corporations that get to privatize profits while the public often pays for their mistakes and losses.
Wait, Stellantis? The hodgepodge collection of like 15 different brands that is currently headquartered in Europe, and has formed a JV with Leapmotor to do all their EV stuff? Lobbying FTW I guess.
We can’t have truly affordable EV’S that the rest of the world gets because of subsidies but no strings attached handouts to millionaire owners are somehow okay