Biden, really? If you’re attempting to stop disinformation, please start with yourself.
Michelin opened their US headquarters in Greenville in 1984. BMW opened their plant in South Carolina in 1994.
How was (at the time) Senator Joe Biden of Delaware responsible for that in any way? Why would he care so much about South Carolina?
The real reason is shipping tires and vehicles across oceans is expensive.
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.
[1] Eager for Credits, BMW Breaks Ground on SC Battery Plant https://www.autoweek.com/news/industry-news/a44361301/bmw-ba...
[2] Inflation Reduction Act 'super aggressive,' Macron tells his US hosts (https://www.euractiv.com/news/inflation-reduction-act-super-...)
[3] Michelin's US investments won't affect Europe, CFO says https://www.reuters.com/business/autos-transportation/michel...