UAW Deal Ensures Workers' Role in EV Shift, But U.S. Trails China in Materials and Designs

UAW deal with automakers ensures unionized workers play role in EV transition, but uncertainty remains over automaker profitability and ability to compete with Tesla.

Labor deal comes amid Biden's tough reelection campaign in swing states like Michigan; he must balance climate and jobs agendas.

U.S. trails China in EV battery materials/designs; Biden rules could limit access further, impacting automakers and EV tax credits.

Billions invested in new EV/battery plants across U.S. Midwest, but access to critical minerals remains a hurdle.

Electric ferry testing faces Jones Act compliance issues, complicating state plans to link towns across Chesapeake Bay.