“Mary (Barra), I can remember talking to you way back in January about the need for America to lead in electric vehicles. And I can remember your dramatic announcement that by 2035, GM would be 100 % electric. You changed the whole story, Mary, wherever (applause) wherever you are. There you are. You did, Mary. You electrified the entire automobile industry. I’m serious. You led, and it matters, in drastically improving the climate by reducing hundreds of millions of barrels of oil that will not be used when we’re all electric, “President Biden said.

“You know, up until now, China has been leading in this race, but that’s about to change. Because this law, because of this law, next year, for the first time in 20 years, in which American infrastructure investment will be far faster than China’s, the first time in 20 years.”