Funding spurs US auto industry to make electric shift

  • 📰 ftenergy
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

For companies large and small, federal incentives prove too enticing to resist

For its first manufacturing plant, Moshiel Biton’s battery technology start-up, Addionics, has turned not to Europe or Asia, but the US. The decision allows his Israel-based company to benefit from the $370bn of funding offered by the US to claw back domestic production of electric cars and, crucially, batteries. “With the incentives that the US government is providing, it’s a crime not to try to do it in the US,” he says. “We haven’t found any other location that provides similar incentives.

This is a lesson learnt from the UK which, for years, struggled to attract auto investors after losing many of its parts suppliers to lower-cost regions. Some of the largest US names are adapting. Around a quarter of Michigan-based Borg Warner’s global plants are “zebra” factories, which make electric car parts on the same line as those destined for engine vehicles. The set-up allows the company to flex supply based on demand, easing the long process of winding down its legacy products.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Smart water meters set to be delayed as water companies fail to spend green fundingWater companies were given permission to invest £793 million on green projects after the pandemic, but are currently behind the spending target
ソース: i newspaper - 🏆 8. / 89 続きを読む »