The Biden administration is set to lend $6,000,000,000 (6 billion dollars) to Rivian, for an Electric Vehicle Factory before President elect Trump takes office. Why do you think that is? Couldn’t have anything to do with China producing 75% of all EV vehicle batteries or Hunter Bidens investments in Chinese companies.
According to the NY Post “In 2016, an investment firm founded by Hunter Biden with several Chinese partners was cut into a complex $3.8 billion transaction that transferred 80 percent of Congo’s Tenke Fungurum mine from an American company to Beijing-backed China Molybdenum. The mine is one of the world’s largest sources of cobalt — and China’s control of the mineral “presents a critical vulnerability to the future of the U.S. domestic auto industry,” Joe Biden was the sitting vice president at that time, but of course he had no knowledge of the deal.
The deal was first reported by the Washington Free Beacon during the 2020 presidential campaign, although not liking Trumps’ demeanor, forget the solid direction he had the country on, however alleged hush money payment to a Stormy Daniels was evil incarnate and we needed to replace him with a senile, corrupt Obama puppet.
Breitbart News reported earlier this year that Rivian has serious financial troubles. Must we loan them billions of dollars which they are unlikely to pay back, while we’re currently in over $36,000,000,000,000 (36 trillion) of dollars debt?
(Thousands of new jobs in plant construction and manufacturing jobs, (at a cost of over $800,000 per job created) batteries to be made in the US, more affordable than Tesla, a luxury car, it goes on and on.)
The fact is, there are also approximately 25.1 electric car fires per 100,000 vehicles, one-third of fires while the car is parked and unplugged. Doesn’t seem like a lot until you consider damages beyond the vehicle itself. Such as a fire breaking out in an electric emergency vehicle belonging to a German fire department, which spread at “breakneck speed,” destroying a brand new fire station and all its’ equipment costing between $20,000,000 and $24,000,000 million Euro in damages
But what the heck Biden is going to attend Trumps’ inauguration.
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