The one crucial industry where China is crushing America in the Tech Cold War
in Texas. The Inflation Reduction Act set a goal of refining enough lithium domestically to supply 2 million electric vehicles annually. The Biden administration hopes to accomplish this in two ways — one carrot and one stick.
"There are certain issues around security and having a manufacturing base in the US that makes sense, but we don't have to worry about the tech war," she said by phone."China is like the Russian army in the 18th century. Everyone feared the 'Great Bear to the North,' but they eventually found out that size doesn't mean quality — size means size."
. To put that in perspective, Toyota — the world's biggest carmaker — sold just over 10 million cars last year, while Tesla sold just over 1 million. If Musk wants to reach his goal, Tesla not only needs Chinese consumers to keep buying his cars, but he also needs China's cheap batteries and manufacturing infrastructure to make a car cheap enough to sell to markets like Latin America, Southeast Asia and India.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Captain America 4 Set Photo Reveals Sam Wilson's New Blue Captain America SuitBreaking! 🚨 Set photos for CaptainAmerica: New World Order reveal Anthony Mackie's Sam Wilson gets a NEW blue Captain America suit in MCU Phase 5. 💙 What do you think of the change? 🤔
Les mer »
China's Baidu beats quarterly revenue estimates on China re-openingSearch engine giant Baidu Inc beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising amid China's economy recovery, after the country dropped most of its strict COVID curbs late last year.
Les mer »
These 2 brothers quit their jobs so they could stop dreading workThese 2 millennial brothers quit their jobs to focus on their side hustle so they could 'get out of bed and not dread work'
Les mer »
Leaving tech jobs for blue collar stability is helping the economyInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »
I'm a 'mom for hire' who charges $40 an hour — here's how I do itI’m a ‘mom for hire’ who charges $40 an hour. I've given dating advice, shared chicken soup recipes, and even taught a guy how to iron.
Les mer »