Biden's Support for Car-Workers' Strike Energizes Unions
The surge in investments in electric vehicle (EV) and battery factories in America is contributing to the country's manufacturing renaissance, with firms announcing a cumulative $210 billion of investments in these sectors. Factors such as financial incentives, state and local giveaways, competition with China, and reshoring after supply-chain disruptions during the pandemic are driving this boom. However, the ongoing strike by the United Auto Workers (UAW) against Detroit's big three carmakers, Chrysler, Ford, and General Motors, highlights concerns about unionization in the new factories. The success of America's manufacturing revival will depend on factors like labor costs, automation, and overcoming environmental and social challenges.