https://archive.ph/GaJZi
"In the weeks since President Biden signed a comprehensive climate bill devised
to spur investment in electric cars and clean energy, corporations have
announced a series of big-ticket projects to produce the kind of technology the
legislation aims to promote.
Toyota said it would invest an additional $2.5 billion in a factory in North
Carolina to produce batteries for electric cars and hybrids. Honda and LG
Energy Solution announced a joint venture to build a $4.4 billion battery
factory at a location to be named.
Piedmont Lithium, a mining company, said it would build a plant in Tennessee to
process lithium for batteries, helping to ease America’s dependence on Chinese
refineries — a key aim of the Biden administration. First Solar, a big solar
panel manufacturer, said it would invest up to $1.2 billion to build its fourth
factory in the United States, probably somewhere in the Southeast, largely
because of renewable energy incentives in the climate bill.
But those projects, announced last week, also illustrate how much work remains
to be done. Factories take time to build, and until then electric vehicles are
likely to remain scarce and expensive. Toyota’s factory in North Carolina and
Honda’s venture with LG will not produce batteries until 2025."
Via
Future Crunch Sep 23, 2022:
<
https://futurecrunch.com/good-news-aids-ocean-indonesia-clean-air-spain/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
