TIWN
Washington, Feb 9 (TIWN): In his first-ever public acknowledgement of Elon Musk-run Tesla's contribution to the world of electric vehicles (EVs), US President Joe Biden has said that the country is building a reliable national public charging network to counter Chinese challenge in the EV market.
Biden's acknowledgement came after Tesla CEO Musk repeatedly complained on Twitter about being ignored by his administration.
"From iconic companies like GM and Ford building out new electric vehicle production to Tesla, our nation's largest electric vehicle manufacturer, to innovative younger companies, manufacturing is coming back to America after decades," he said late on Tuesday.
In a tweet on Wednesday, the US President added: "China has been leading the electric vehicle race, but that's about to change. We're building a convenient, reliable, equitable national public charging network. It'll make America more economically competitive and help us tackle the climate crisis at the same time".
- With April series having expired, expect markets to turn volatile
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report