The Inflation Reduction Act, passed last year, is loaded with goodies for consumers and carmakers to spur EV sales.
Tesla's Nevada plant, for example, will soon be able to produce 100 gigawatt-hours of battery cells, and that could grow to 500 gigawatt-hours in the future. At an annual production rate of 500 gigawatt-hours, the credits would be worth a staggering $17.5 billion per year.as they ramp up domestic battery production, including General Motors and Ford Motor and their Korean joint venture partners, such as LG Energy and SK Battery Innovation.
light_create And it will end up being a huge financial failure that will place our economy in the fastest downward spiral that has ever happened.
Is it really worth the cost? Will the grid be sustainable with the increased demand?
Thanks to Tesla tbh
Top propaganda tweet of the day.
Are most of the batteries sourced from countries that abuse child labor?
CAPAction Wish I had gone EV back in 12/20
MonaEDajani New energy capacity to meet the new demand from EVs is mostly renewables (primarily wind and solar)
metaquest We need more non-Tesla alternatives
Electric charging points are woefully adequate. Increasing them maybe power intensive and prone to severe weather risks. Highway support for vehicles should be greatly enhanced.
metaquest .Potus' vision for infrastructure, climate change and technology investments, has inside two years, brought about these achievements in a US EV supply chain. 👏
Full send
I can't wait!!!
Im thinking right now about how Joe Manchin is digesting this wonderful progress.
Dear Conservatives, this is how it’s done. Stop being saboteurs of American progress for personal gain.
WHCOS Thanks to Tesla elonmusk Thanks to Tesla elonmusk Thanks to Tesla elonmusk Thanks to Tesla elonmusk Thanks to Tesla elonmusk Thanks to Tesla elonmusk Thanks to Tesla elonmusk Thanks to Tesla elonmusk