Tesla partner Panasonic describes challenges on path to profitability as federal subsidies attract newcomers
President Biden’s Inflation Reduction Act calls for at least 50% of an electric vehicle’s battery to be made in the U.S. to qualify for a federal discount. WSJ’s George Downs breaks down a battery to explain why that is going to be a challenge. Illustration: George DownsSPARKS, Nev.—. Japan’s Panasonic Holdings Corp. started building what would become America’s first large-scale EV-battery plant in 2015, at a site owned by Tesla Inc. in the rolling hills outside of Reno, Nev.
tell it to the wacko lawmakers
This is an area where Government investment can be defended. Not funding arms manufacturers or COVID subsidies to Pfizer or Moderna enjoying record earnings.
It is hard to train people who eat Tide pods
No kidding
Russia 🇷🇺 Putin 🇷🇺 Begs China 🇨🇳 to help them finish the conflict before total COLLAPSE OF RUSSIAN ARMY ♠️♠️♠️ ( Russian economy already BANKRUPT) . That's how this title should read I told you 6 months ago. Pass it on 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
This is the biggest scam in the history of the world..
its all about the rich an there greedy pockets
Also small children mine for them.