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Items tagged with: Electric
The China-linked EV battery mega factory dividing a US township
Plans for a sprawling factory in rural Michigan making batteries for electric cars offer an economic lifeline, but for some residents there is a big problem: the parent company is in ChinaTom Perkins (The Guardian)
Too much criticism of #Biden's #EV #tariffs ignoring basic facts about #China & #BYD
A reminder about why #Chinese #electric vehicles are so cheap - more than mere "innovation"
- non-existent labor protections, & no real labor unions in Chinese factories = cheap workforce (unlike unionized Detroit)
- minimal lacking sourcing standards for raw materials = widespread supply chain #humanrights & #environmental abuses
- massive subsidies & domestic market protectionism
Tesla sees biggest revenue drop since 2012 but company shares still surge
Shares are up despite a revenue decline of 9% after company said it expects to release new vehicle models sooner than expectedKari Paul (The Guardian)
