Business Highlights: Biden on EVs, Apple on self-repair

Business Highlights: Biden on EVs, Apple on self-repair

2 years ago
Anonymous $FNmJglWnLu

https://apnews.com/4974577046e522fdfc57638f6bc79e9b

Biden pushes electric vehicle chargers as energy costs spike

DETROIT (AP) — President Joe Biden is highlighting billions of dollars in his big new infrastructure deal to pay for the installation of electric vehicle chargers across the country. It’s an investment Biden says will go a long way in curbing planet-warming carbon emissions while creating good-paying jobs. During a tour of a General Motors plant in Detroit that manufactures electric vehicles, the president got a chance to test drive an electric GMC Hummer, which is being sold at a starting price of $108,700. Currently, the U.S. market share of plug-in electric vehicle sales is one-third the size of the Chinese EV market.