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...Still keen Panasonic Energy still plans to build a third electric vehicle battery plant in the US despite scrapping a tentative plan last year to construct a facility in Oklahoma, writes Nikkei Asia’s Ryohtaroh...
...Panasonic clings to No 4 ranking Japanese electronic conglomerate Panasonic Holdings, once the world’s largest producer of electric vehicle batteries, plans to invest around $4bn in a new plant in the US...
...We’re open to work with anyone.”...
...A combination of technological change, globalisation and the emergence of a new type of investor has changed the face of American capitalism, replacing one-time leaders such as General Electric and Du Pont...
...Besides, it seems the argument was developed mostly by focusing on utilities and grid, ie electric power generation, which have long depended on fossils....
...The final site has yet to be decided, with work on the project expected to begin this year. Additional reporting by Giuliana Ricozzi in Rome and Tim Bradshaw in London...
...Plain, steady state generators can provide the balance of electric power needed. Nuclear, despite the long build times, costliness and safety concerns, should win out....
...At the G7 climate minister meeting in Sapporo in April, Tokyo called on like-minded countries to work together to develop new mines and supply chains and recycle critical minerals....
...Most people who work in private equity do it for one reason: money. The sums executives make from carry can be astronomical....
...America, companies along the battery supply chain are investing billions of dollars in recycling capabilities as they confront projected shortages of the raw materials that will power the next generation of electric...
...Electric and hydrogen aircraft are unlikely to ever work for long-haul travel. “Green” fuel at present lacks sufficient feedstock. This will create problems for Rolls-Royce longer term....
...And while Tesla has partnered with Panasonic to build the Gigafactory, battery cells and components in North America available to GM were limited....
...Anything from medical devices to electric vehicles might plausibly be considered critical infrastructure....
...China’s state-owned giants, China National Nuclear Corporation and China General Nuclear Power Group, are also expanding rapidly....
...As the government prepares to unveil its 2024 budget on October 10, debate is intensifying about how best to put the country’s newfound wealth to work....
...“You want to be able to look forward and know how government is going to work rather than second guessing it.”...
...United States Steel Corporation, for example, has said it will use generative AI software from Google to guide its workers through truck repairs and ordering parts....
...Corporations, meanwhile, get a chunk off their tax bill....
...For every Boeing or Key Bridge, I think I could cite an engineering triumph that is having an equally important positive impact on American life: electric cars, for instance, or 3D printing....
...And yet, concern about Chinese dumping in areas such as electric vehicles is growing too, in Europe as well as in the US....
...The batteries will be used in BMW’s electric vehicle plant, 160 miles up the road in Spartanburg....
...For example, under these rules, an oil refiner and a car salesroom would share the emissions from the combustion engine of their ultimate client driving to work....
...Elon Musk, by Walter Isaacson, describes in closely reported detail how the entrepreneur rose to become one of the most influential forces in electric vehicle manufacture, social media and space exploration...
...Toyota (trading on 10.5 times earnings) is planning to convert its Kentucky car plant to electric vehicle production, rolling out 200,000 cars a year, including its all-electric “beyond zero” bZ4X....
...“To facilitate the transition to electric vehicles, we’re going to need to find a lot more of these resources,” explains Jackson....
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