News Snapshot:
When former House Speaker Tip O’Neill wisely observed that, “All politics is local,” electric vehicles (EVs) were still a futuristic dream of U.S. automakers. But that truism lies at the core of a current rift between the U.S. and its closest European and Asian allies over “America First” policies on EVs, batteries and other renewable technologies. The Inflation Reduction Act (IRA), a multiyear $369 billion program that subsidizes U.S. EV automakers, EV batteries and other green technologies with “Buy American” provisions, has angered both European and Asian allies. During his state visit earlier this month, French President Emmanuel Macron, amid...
