Reports say American automaker #Tesla delivered 18 percent fewer #ElectricVehicles in the second quarter. It's largely being blamed on #China's COVID-19-related shutdown.

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California is pushing for more #ElectricVehicles throughout the state. But more electric vehicles means more #EVbatteries and a boost in production volume. That’s where America’s reliance on #China kicks in.
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US household #Wealth falls by a record amount in the second quarter. What’s behind the drop?
With the push for #ElectricVehicles, some are worried it could cause job losses in the traditional #AutoIndustry.
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Larry Elder: Will #ElectricVehicles save the planet?

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The #UAW, a labor union and major Democrat backer, has slammed the Biden administration for giving billions of dollars in funding for boosting #ElectricVehicles production while traditional autoworkers would lose their jobs or be paid lower wages. https://www.theepochtimes.com/low-road-jobs-bidens-electric-vehicle-push-rattles-major-auto-union-supporter_5364288.html?utm_medium=Social&utm_source=telegram

The #UAW has expressed concerns that government benefits given to major automakers for producing #ElectricVehicles stay on the companies’ boards and do not reach workers’ wages. https://www.theepochtimes.com/auto-union-says-workers-are-not-seeing-wage-increase-despite-ev-government-benefits_5384646.html?utm_medium=Social&utm_source=telegram

The number of unsold #ElectricVehicles at dealers in Q2 tripled compared to the past year, signaling a weakened demand for the vehicles.

Unlike other parts of the world, Americans remain on the sidelines when considering an EV purchase. https://www.theepochtimes.com/waiting-for-buyers-to-come-unsold-electric-vehicles-piling-up-in-car-dealerships-says-report_5385675.html?utm_medium=Social&utm_source=telegram

US lawmakers are seeking to review the license agreement between #Ford and a Chinese battery maker.

They are concerned the deal will facilitate #China’s global dominance in #ElectricVehicles technology and increase US reliance on China. https://www.theepochtimes.com/us/lawmakers-seek-review-of-fords-agreement-with-chinese-battery-maker-5412914?utm_medium=Social&utm_source=telegram

In its latest attempt to push car manufacturers towards transitioning to #ElectricVehicles, the Biden administration is proposing higher fuel economy standards for gas-powered cars.

The changes are expected to drive up car prices. https://www.theepochtimes.com/us/in-latest-ev-push-biden-admin-hikes-fuel-economy-standards-again-5430137?utm_medium=Social&utm_source=telegram

While Chinese #ElectricVehicles manufacturers have had a tough time breaking into the US market, this could soon change.

The #EPA’s push for EVs could end up benefiting #Beijing. https://www.theepochtimes.com/us/chinese-electric-vehicles-could-subdue-us-market-if-epa-proposal-continues-5430277?utm_medium=Social&utm_source=telegram