Here's what Todd Bianco is reporting on this week from within the auto industry:

The Ford F-150 Lighting is being revealed, President Biden got to drive it and we go through the White House fact sheet on the Administration’s American Jobs Plan which directly targets the EV industry in the U.S. News: Tesla nixes Bitcoin for payments; Pebble Beach is back on; the cost of semiconductor shortage for the auto industry; Hyundai invests $7.4B in the US for EVs; Stellantis formed a JV with Foxconn; Fisker hooks up with Sharp; a gas hoarder in Florida has is truck burn down; NHTSA probing steering defects in Honda Accords; the Tesla Roadster is at the Petersen; Lamborghini electrifying; Canoo is taking deposits for its Lifestyle Vehicle and Pickup – check out their website!; the GMC Hummer is seriously porky.