Saturday, July 08, 2023

U.S. Energy Secretary’s bullish talk on EV jobs has not matched reality.

U.S. Energy Secretary’s bullish talk on EV jobs has not matched reality. - By Therese Boudreaux 
  • Granholm promises ‘additive’ jobs as EVs transition shrinks head counts at automakers
"Manufacturers in Michigan have announced plans for new investments in electric vehicle manufacturing while also cutting thousands of jobs.
In June 2022, Ford Motor Co. promised that a $3.7 billion investment would create 6,200 new hourly jobs in Michigan, Ohio and Missouri. 
  • Two months later, Ford cut 3,000 salaried jobs —many in Michigan— to compete more aggressively with Tesla in the electric vehicle market.
  • Layoff notices have followed soon after nearly every promise government officials have made that the transition to EVs will lead to job growth...

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