Biden vetoes Republican block on $7.5 billion EV infrastructure plan
Republicans, and a couple of Democrats, have been pushing back on President Biden’s $7.5 billion plan to extensively build out EV infrastructure in the US by focusing on a short-term waiver that allows federally subsidized EV chargers to include materials from China. No can do, say Republicans aiming to block the waiver – but Biden exercised his veto power, for now at least.
The Republican-backed legislation was aimed at reversing the Biden’s administration’s waiver of Reagan-era “Buy America” requirements for government-funded electric vehicle (EV) charging stations, reports Reuters. The waiver offers some leeway in sourcing materials to make EV chargers outside the US, but opponents say it forces US taxpayers to subsidized Chinese-made products, and hurts American steel and iron companies.
Biden, argued, that the opposite is true, that the plan supports American workers, builds new jobs, and enables the chargers to be manufactured in the US, but pads in time for the private sector to prepare. Plus blocking the waiver would throw a wrench into the country’s transition to clean energy.
“This resolution would harm my Administration’s efforts to encourage investment in critical industries and bring high-quality jobs back to the United States,” Biden said in a veto statement, adding that it would “delay the significant progress being made by my Administration and the States in establishing the EV charging network.”
The waiver was initially put forth last year to except certain EV chargers from Buy American provisions as long as the chargers themselves are assembled in the US – but the provisions generally require that iron and steel be produced in the US.
As it stands, the EV chargers subsidized by the government must at least be assembled at a US factory starting in February. As of July, at least 55% of the construction materials must be sourced domestically and manufactured in the US.
The veto landed the same day that Biden’s re-election campaign won the endorsement of the United Auto Workers.
Electrek’s Take
Well, the Senate is expected to overrule Biden’s veto in a few weeks, but it will need a two-thirds majority, which won’t be easy. President Biden has made the focus on transitioning American drivers to EVs a central part of his policy – while Republicans have been working hard to dismantle those efforts, and we’re sure to see more of this happening this year.
Biden argues that the $7.5 billion plan is a critical piece to building out a “convenient, affordable, reliable and made-in-America national network” of electric vehicle chargers, which includes some 500,000 publicly available chargers by 2030 – and ensuring they are working properly. Meanwhile, EV sales have quadrupled in the US, with the number of publicly available charging ports rising by nearly 70%. Today, more than 4 million EVs are on US roadways, with the goal for half of the country’s car sales to be electric by 2030.
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With its tire-blistering acceleration and record-setting performance, the Xiaomi SU7 Ultra has been getting attention throughout the auto industry, impressing everyone who’s seen it. That “everyone” now seems to include the OG supercar brand, itself.
CarNewsChina posted pictures from a Weibo user that reportedly show a Xiaomi SU7 Ultra exiting the storied Ferrari factory in Maranello, Italy. According to a Chinese blogger going by 西米露在博洛尼亚 (which seems to translate to “Sago Dessert in Bologna”), the prancing horse brand is actively benchmarking the Chinese hypercar for its own upcoming EV.
The SU7 Ultra was definitely coming from inside Ferrari’s facility. After verification, we learned this specific vehicle was officially purchased by Ferrari for testing, and the development of their next-generation electric platform.
Yet another Chinese auto blogger, 苏黎世贝勒爷, claims that Ferrari representatives visited Xiaomi headquarters last year, allegedly to discuss the joint development of next-generation high-performance EV motors.
The Xiaomi SU7 Ultra made its debut last year, promising 1,548 hp, sub 2.0-second 0-60 mph times, and a top speed well over 200 mph – all at a price lower than a Tesla Model S Plaid or Porsche Taycan Turbo GT. The car sold out almost immediately after it was unveiled, racking up some 50,000 orders almost overnight.
The new electric benchmark
In the automotive world, “benchmarking” is a process in which car companies systematically tear down each others’ competitive products to compare everything from sound insulation, vehicle ride and handling, component materials, and even manufacturing methods against their own or against other industry leaders. The goal is to evaluate performance, cost, quality, and other key metrics, effectively figuring out “where they stand” in the market.
If Ferrari really did buy an SU7 to benchmark it against their own upcoming electric supercar, it’s more than just a curiosity – it could mean that the highest tiers of automotive innovation have shifted from West to East. Maybe forever.
Featured image via Xiaomi; sources throughout the post.
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We’re finally getting our first teases of the upgraded 2027 Chevy Bolt, built on GM’s battery/motor platform formerly known as Ultium. So far, so good for the vehicle, which will be revealed later this Fall.
Chevy took to social media today to tease the 2027 Chevy Bolt, saying, “You asked, we listened. The #ChevyBolt is back and better than ever. More this fall. 👀”
Chevy ended the original Bolt program with the 2023 model, which was loved by a loyal group of customers (including myself). Some of the major gripes, including charging speed and rear brake lights, already look to be addressed. Also, a new more aggressive fascia is debuting.
Electrek’s take
GM has done an incredible job keeping the 2027 Bolt under wraps. It will be the first GM vehicle with a native NACS port after the Cadillac Optiq-V, which we spied in Seattle last week.
Hopefully, the new Bolt will have improved charging speeds over and above the 54kW that previous Bolts adhered to. One possible downgrade is that the old Bolt’s amazing wireless CarPlay/Android Auto system will likely be replaced by GM’s move to Android’s built-in experience. For a few years, the Chevy Bolt was the most affordable long-range EV, and it won our 2022 Electrek car of the year for its versatility and price.
I would, of course, like to see the new Bolt as a hot hatchback, but GM CEO Mary Barra has hinted that it will likely take more of the EUV’s SUV form factor. Things like AWD options, SuperCruise, pricing, power and range are yet to be revealed, but stay tuned to Electrek for the latest on Bolt developments.
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On today’s test-acular episode of Quick Charge, it’s a new day and a new Chinese ADAS test for Tesla to conquer – but this one’s got a LOT more pedestrian carnage to parse through! We’ve also got some great e-bike deals from Retrospec and a bladder-busting Hyundai.
Today’s episode is brought to you by Retrospec – the makers of sleek, powerful e-bikes and outdoor gear built for everyday adventure! To that end, we’ve got a pair of Retrospec e-bike reviews followed up by the updated Hyundai IONIQ 6 with nearly 350 miles of range from its updated long-range battery. With that, Hyundai now has the longest range Korean EV on the market, while Texas is adding megawatts of battery energy storage to beef up its troubled grid, and it’s doing so faster and cheaper than ever before.
Plus: Quick Charge listeners can get an extra 10% off the price of their next awesome e-bike by using code ELECTREK10 at retrospec.com!
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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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