States are spending billions on electric vehicles in battle to replace automotive capital Michigan - CNBC


7/7/2022 12:00:00 AM3 years 7 months ago
by Scott Cohn

States are offering billions in incentives to get EV plants from carmakers including Ford and Rivian, and threatening Michigan's role as the US auto capital.

For as long as there has been an auto industry, Michigan has been its epicenter. But now, the industry is making clear that it is not bound by tradition. The move to electric vehicles rapidly accele… [+5998 chars]

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