Biden’s Buy-America Dream Relies on Buying EVs That No One Makes

Jan. 29, 2021, 7:00 AM

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.

To be sure, Biden’s executive order, issued Wednesday, is designed to spur investment in the nascent plug-in car market and ...

To read the full article log in.

Learn more about a Bloomberg Law subscription