on business with wayne griffiths the big boss of the car maker seat which has just announced an electric car battery plant in spain. he willjoin me for an exclusive interview. he willjoin me for an exclusive interview. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant framestore. i will ask him about working on the world s biggest movies and what the future holds for film, tv and gaming. wherever you arejoining me from around the world, once again, a big hello and warm welcome to the show. just days before the un issued its latest wake up call to the world about global warming, the european union laid
considerably. i do think that that forecast is reasonably accurate but, of course, it is difficult to know because in certain parts of the economy, inflation is staying sticky with a tight labour market and also the brand power of big companies who are able to pass on those prices. the spanish car maker seat has started work on a $10 billion programme for electrified cars and infrastructure. the project got under way as the european union announced billions of dollars of subsidies for the green transition, going toe to toe with massive subsidies announced last year by president biden in the united states. on this week s talking business ben thompson asked the boss of seat how big a part of their decision to invest more in spain was down to subsidies. i think it is playing a key role at the moment and we have to make sure that europe,
to continue to do that. despite the apps rapid growth in america and despite the ceo s promise to earn the country s trust, it s unlikely that those worried about tiktok will have changed their minds after this hearing. michelle fleury, bbc news in washington. the spanish car maker seat has started work on a $10 billion programme for electrified cars and infrastructure. the project got under way as the european union announced billions of dollars of subsidies for the green transition, going toe to toe with massive subsidies announced last year by president biden in the united states. on this week s talking business, ben thompson asked the boss of seat how big a part of their decision to invest more in spain was down to subsidies. i think it is playing a key role at the moment, and we have to make sure that europe, because basically a playing field, a battlefield in europe, that we maintain our competitiveness particularly against the us. so in our decision for the 10 billion in investm
canada and even mexico, the biden administration is trying to build regional strength in termses of microchips. regional strength in termses of microchips- regional strength in termses of microchis. ,, ., ., ., ., microchips. and the us and canada t in: to microchips. and the us and canada trying to break microchips. and the us and canada trying to break china s microchips. and the us and canada trying to break china s dominance i trying to break china s dominance over clean tech, how they are they doing that? over clean tech, how they are they doinu that? ~ . . , , ., doing that? what we are seeing is a shift in how doing that? what we are seeing is a shift in how things doing that? what we are seeing is a shift in how things are doing that? what we are seeing is a| shift in how things are manufactured that we are seeing this increasing trend of a lot of us companies are moving manufacturing away from china and bringing it closer to home. this is another version of that.