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Recently, governors of five Midwest states, namely Illinois, Indiana, Michigan, Minnesota, and Wisconsin, announced the formation of the Regional Electric Vehicle Midwest Coalition (REV Midwest) to deploy EV stations in the region following the bipartisan bill, allocating $7.5 billion for EV charging stations.
EV stocks Lucid Group, Inc. (LCID), Arrival (ARVL), and Lordstown Motors Corp. (RIDE) delivered an impressive performance last month and are expected to keep performing well in the upcoming months.