Jack Lifton on how President Biden’s American Jobs Plan Impacts the EV Market

In this episode of InvestorIntel’s Critical Materials Corner with Jack Lifton, Jack talks about President Biden's American Jobs Plan which details how the United States government is going to spend nearly $2 trillion on infrastructure, alternate energy, and creating millions of good-paying jobs.

In this InvestorIntel video, Jack went on to say that the Plan aims to have the entire United States adopt electric vehicles (EV) starting with an electrified Federal Government fleet, including the United States Postal Service. The Plan proposes a $174 billion investment to win the EV market by enabling automakers to spur domestic supply chains from raw materials to parts, retool factories to compete globally, and support American workers to make batteries and EVs. He said that the Plan will also target climate change and out-competing China and has identified rare earth element separation as a goal along with uranium mining.

Disclaimer: This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.