A new grassroots effort to propel innovation in American manufacturing is flexing its muscle across the Rust Belt and the Beltway.
Why it matters: Decades of globalization have left U.S. industry dependent on foreign supply chains — and at risk of falling behind China and other countries.
Ford Motor CEO Jim Farley says he's growing more confident the automaker can produce EVs profitably in the U.S. because government policies have helped level the playing field with low-cost Chinese competitors.
Why it matters: Ford is the second-largest EV brand in the U.S. — although well behind Tesla — thanks to the popularity of its Mustang Mach-E, F-150 Lightning pickup and E-Transit commercial van.
