EPISODE · Apr 1, 2026 · 6 MIN
The EV “Rust Belt”: When Government Picks Winners—and Loses
from Watchdog on Wall Street with Chris Markowski · host Finance, Investing, & Markets
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured A new “EV rust belt” is emerging across the Midwest as subsidized electric vehicle projects stall and factories sit empty. This critique explores how government-driven investment, instead of market demand, led to overbuilt capacity, costly write-downs, and unintended economic fallout—raising questions about the risks of centrally planned industries.
What this episode covers
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured A new “EV rust belt” is emerging across the Midwest as subsidized electric vehicle projects stall and factories sit empty. This critique explores how government-driven investment, instead of market demand, led to overbuilt capacity, costly write-downs, and unintended economic fallout—raising questions about the risks of centrally planned industries.
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The EV “Rust Belt”: When Government Picks Winners—and Loses
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