Hyperdrive
Biden’s Buy-America Dream Relies on Buying EVs That No One Makes
- He wants government to buy electric cars made by union workers
- The U.S. government owns or leases about 645,000 vehicles
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President Joe Biden has ordered the federal government to buy electric vehicles made in America with union labor. There’s just one problem: No such vehicles exist.
Tesla Inc., the leading U.S. electric vehicle manufacturer, has several American-made models, but it isn’t unionized. And while General Motors Co. employs union labor to make the electric Chevrolet Bolt, roughly three-quarters of its components come from outside the U.S. -- missing the 50% threshold to be considered American-made under federal procurement law.