Vice President Kamala Harris announced more than $100 million in new funding and resources for small- and medium-sized auto manufacturers during a speech in Detroit on Monday. The announcement comes as the Biden administration aims to establish America as a global leader in electric vehicle (EV) manufacturing.
And yet the U.S. auto industry and the millions of American workers it employs continue to grapple with a ticking time bomb in the form of cheap Chinese-made EVs, the first of which is set to enter the U.S. market this summer.
