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Car manufacturer Stalantis says will build 1 million cars in Italy

Transcripts for MSNBC Morning Joe 20240604 11:04:00

expected when the bill was passed. just by example, let s take a look at battery plants. electric vehicles need batteries. we are going to try to make a lot of them here. you can see, again, that since the ira was passed, these are announcements of new battery plants that are being built all over the country. obviously, a good bunch in michigan, our traditional auto center. as you move down, many are going, actually, into red states, into indiana, into kentucky, tennessee, south carolina, georgia, kansas, places like that. these battery plants could produce 10 million to 12 million batteries a year for new electric vehicles. that is more than 50% of our current auto production that could become electric thanks to all these battery plants, plus all the other auto facilities that will be built, as well, to take advantage of that. wow. you say there are also two other new policies that are helping drive investment. what are they? yeah, there were these three

USD/MXN plummets to fresh multi-year lows, beneath 17 4000 on upbeat Mexican data

The Mexican Peso (MXN) achieved another multi-year high against the US Dollar (USD), as the USD/MXN pair tumbled past the previous year-to-date (YTD)

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