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%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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
출처: i newspaper - 🏆 8. / 89 더 많은 것을 읽으십시오 »