I said "extended" not "opened". That's indeed intentional. Please don't use a strawman to avoid addressing the point I'm actually making.
Michelin invested significantly in the site recently and BMW added a ton of EV manufacturing capacities, we are talking of a 1.7 billions dollars investment.
All of this is linked to subsidies they got through the IRA on top of local South Carolina subsidies. They had to do these investments to remain competitive in the US market as the subsidies are tied to local manufacturing and the conditions significantly limit what parts they can import. It was a direct attack on European manufacturing masquerading as green investments.
Downvoted for a factual comment, I see the usual denial on the basis of party lines is still as strong as ever in the US. Here is a bunch of sources for the few who might be interested:
Michelin invested significantly in the site recently and BMW added a ton of EV manufacturing capacities, we are talking of a 1.7 billions dollars investment.
All of this is linked to subsidies they got through the IRA on top of local South Carolina subsidies. They had to do these investments to remain competitive in the US market as the subsidies are tied to local manufacturing and the conditions significantly limit what parts they can import. It was a direct attack on European manufacturing masquerading as green investments.
Guess which president passed the IRA.