Jack Lifton on how President Biden’s American Jobs Plan Impacts the EV Market
In this episode of InvestorIntel’s Critical Minerals Corner with Jack Lifton, Jack talks about President Biden’s American Jobs Plan which details how the United States government is going to spend nearly $2 trillion on infrastructure, alternate energy, and creating millions of good-paying jobs.
In this InvestorIntel video, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Jack went on to say that the Plan aims to have the entire United States adopt electric vehicles (EV) starting with an electrified Federal Government fleet, including the United States Postal Service. The Plan proposes a $174 billion investment to win the EV market by enabling automakers to spur domestic supply chains from raw materials to parts, retool factories to compete globally, and support American workers to make batteries and EVs. He said that the Plan will also target climate change and out-competing China and has identified rare earths separation as a goal along with uranium mining.
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Jack Lifton is the Editor in Chief, Critical Minerals for InvestorIntel.com, a capital market source celebrating its 21st year in business. He is also a ... <Read more about Jack Lifton>