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President Biden’s signature climate law has stimulated a surge of investment in electric vehicle production across the country, including tens of billions of dollars on battery plants across the South and new assembly lines near the Great Lakes. Based on early evidence, it is succeeding at a goal that economists have long considered difficult and costly: using the power of government to rapidly grow a new industry. That growth could prove crucial for the other side of the electric vehicle equation: enticing more consumers to buy them. That’s because Mr.…
A partnership between Ford Motor and a major Chinese battery maker is facing scrutiny by Republican lawmakers, who say it could make an American automaker reliant on a company with links to forced labor in China’s Xinjiang region. In a letter sent to Ford on Thursday, the chairs of the House Select Committee on the Chinese Communist Party and the House Ways and Means Committee demanded more information about the partnership, including what they said was a plan by Ford to employ several hundred workers from China at a new…
The US military has shot down a third flying object over North American airspace in three days, as the air force general overseeing the airspace said he would not rule out any explanation for the objects yet. The high-altitude unidentified object, described as an “octagonal structure” with strings attached to it, was shot down over Lake Huron in Michigan on Sunday. It is understood to have been the same item that was picked up by radar over Montana on Saturday. At the point it was struck by an air-to-air missile…