efforts by European firms to expand their presence in the United States, eager to tap the generous Inflation Reduction Act launched last year by U.S. President Joe Biden's administration.
Cars with batteries from the planned Volkswagen site, too, will qualify for IRA subsidies, allocated to vehicles with a battery made with a minimum proportion of critical minerals extracted or processed in the United States or a country with a U.S. free-trade agreement, or recycled in North America.
Reuters Bias Woke At what expense? LossingLifes ChildExplotation Environmental disaster. Lithium mining is the NEW ClimateChange environment impact.
Insane amount of money
A battery deception device this time?
Great news! It's critical that established automakers step up with significant investment in EVs to meet global demand and help tackle climate change. Exciting times ahead!
No thanks. Already unreliable cars going electric. I’ll pass.
Looks like VW is finally giving up on their lies, and trying a more environmentally sound alternative. EPA emissions ElectricVehicles
Have fun being BuildBackBetter ESG Green poor, cold, hungry and unsafe ..... too Fuck’n Late.
Lithium-ion EV car batteries cause water, soil, and air pollution, but hey WHATEVER REUTERS!
Someone needs to invest in 1000km per charge car
Freeland and Trudeau: invite them to a party and you are guaranteed they will bring a chequebook. $16 Billion!
As opposed to fuel tank powered cars oh wait that’s a storage vessel not a source of energy
These EV designers are brilliant at math. They suck at design. You’re no Tesla.
How much investment would it take to recycle the batteries they produce ?
And they forgot to tell it will be heavily subsided by the tax payer like Musk companies were
Go woke go broke
Are they going to lie about their targets like they did with their Diesel-Emissions testing? Just curious.. ClimateScam
Been waiting over 6 months for replacement airbags from VW but they won't even try and help. Worst customer service VWorst
Too far behind Tesla
Good luck with that—we all know it's impossible to make any real progress.
Battery power depends on child labor, slave labor, deadly labor in Democratic Republic of Congo. Big Tech has ability to solve this. Too preoccupied with making their next $$Billion ~ Read the book Cobalt Red
Is the infrastructure ready for this?
If these cars are made unaffordable then they miss the mark in business.
Glad they passed on Oklahoma
flashback to a thorough—um, exhaustive?—look at the road VW took to get here.
PMJT, PMJT, PMJT, PMJT, PMJT, PMJT………
Better than China…
Incredible this clique existing between some countries. I am almost certain that the United States is responsible for this strategic choice.
Why not Portugal, since it's the only country in Europe with a reported 8th largest deposits of Lithium in the World? And a fine, skilled working population?
The German goverment sucks.
GovStitt
Good pick.