WASHINGTON—The U.S. Department of Energy has unveiled a $15.5 billion package of funding and loans primarily focused on retooling existing factories for the transition to electric vehicles.
LOUISVILLE, KY—UAW is applying pressure on the Detroit Three automakers, which include General Motors, Ford and Stellantis—which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands—by hosting a nationwide strike authorization vote.
The hazards of supply chain gaps and the advantages of domestic manufacturing became painfully clear during the pandemic. Unprecedented pressures are compelling companies to innovate and reshore production back to the U.S. to mitigate global risk and augment resiliency.