Volvo Construction Equipment's North America region president talks about recent gains for electric equipment in construction and what it will take to clear hurdles to further adoption, such as mobile fast-charging stations and rethinking fleet management practices.
Biden said the measure, if enacted, would cancel existing domestic manufacturing standards for Federal Highway Administration-funded chargers and also harm U.S. manufacturing and jobs.
Toyota's under-construction battery plant in North Carolina is now an almost $6B project with new funds, while Ford BlueOval plants in Tennessee and Kentucky are boosted by a $9.2-billion U.S. Energy Dept. conditional loan, its largest ever single investment.