Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Is ProFunds UltraEmerging Markets Investor (UUPIX) a Strong Mutual Fund Pick Right Now?
    • Debt mutual funds or FDs: Where should you invest your savings?
    • SIFs vs mutual funds: What the first-year data shows on returns and risk
    • Corgi Invest Launches 14 Fixed Income ETFs With Fees As Low As 0.02%
    • Bitcoin ETFs Bleed $636 Million as October Turns Red Again
    • Hedge Funds Are Shorting Stocks at Near-Record Levels
    • Bitcoin ETFs See Outflows Return As Market Volatility Worsens
    • Is the ‘7% Average’ for Mutual Funds a Lie? The Reason Your Fund Ends Up at 4%|kamokita
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Michigan EV industry welcoming new investment
    Investments

    Michigan EV industry welcoming new investment

    July 24, 2024


    charging-socket-on-an-electric-vehicle-3

    Michigan’s electric vehicle industry is praising the Biden administration for its latest investments in EV manufacturing.

    About $650 million will go toward retooling auto plants in Lansing and Marysville to produce newer EV models. It’s part of the Inflation Reduction Act, and funds will also go to seven other states to make more EVs.

    Sophia Schuster with the Michigan Energy Innovation Business Council says this money should help the state fight brain drain. She notes Michigan is 49th in the U.S. in population growth since 1990.

    “I think it’s exciting to show that investments like these not only encourage people to stay in Michigan, but that there is a lot of potential for the clean energy workforce, particularly in the auto manufacturing space,” Schuster said.

    In Michigan, the plans are expected to retain more than 1,000 jobs and create a few dozen new ones.

    Billions of dollars have already been spent during the Biden administration to reduce vehicle emissions and combat climate change. Transportation is the top source of emissions in the U.S.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Premier Investments (ASX:PMV) Shares Still Look Cheap As The 29% Five Year Fall Continues

    October 22, 2026

    NEI Investments launches inaugural ETF Series on the Toronto Stock Exchange – Company Announcement

    October 22, 2026

    Fidelity Investments Reveals Multi-Year Roadmap for New

    October 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Bitcoin ETFs Bleed $636 Million as October Turns Red Again

    October 23, 2026

    Corgi Invest Launches 14 Fixed Income ETFs With Fees As Low As 0.02%

    October 23, 2026

    Hedge Funds Are Shorting Stocks at Near-Record Levels

    October 23, 2026

    Bitcoin ETFs See Outflows Return As Market Volatility Worsens

    October 23, 2026
    Don't Miss
    Mutual Funds

    Is ProFunds UltraEmerging Markets Investor (UUPIX) a Strong Mutual Fund Pick Right Now?

    October 23, 2026

    Any investors who are searching for Non US – Equity funds should take a look…

    Debt mutual funds or FDs: Where should you invest your savings?

    October 23, 2026

    SIFs vs mutual funds: What the first-year data shows on returns and risk

    October 23, 2026

    Corgi Invest Launches 14 Fixed Income ETFs With Fees As Low As 0.02%

    October 23, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Masholds bolsters investment property portfolio with US$10,9m -Newsday Zimbabwe

    March 27, 2025

    Meet the Ultra-Low-Cost Vanguard ETF That Has 33% of Its Holdings in Nvidia, Apple, and Microsoft

    October 26, 2024

    3 EV Mutual Funds in 2026: Capitalising on India’s Electric Vehicle Growth – Money Insights News

    July 16, 2026
    Our Picks

    Is ProFunds UltraEmerging Markets Investor (UUPIX) a Strong Mutual Fund Pick Right Now?

    October 23, 2026

    Debt mutual funds or FDs: Where should you invest your savings?

    October 23, 2026

    SIFs vs mutual funds: What the first-year data shows on returns and risk

    October 23, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.