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BBCNEWS Asia Business Report June 4, 2024 01:37:00

This work started here at the ascend elements facility for electric vehicle battery parts the day after $500 million of government money was granted from their infrastructure plans and the new inflation reduction act. buyers of cars will also get subsidies only if they are made in america. all of the lithium, the cobalt and the nickel that are in. the result is that these powders, the most expensive inputs into an ev battery almost entirely made in china, up until now will, thanks to recycling old batteries, be made in america, and here they say the us has leapfrogged europe, second only to china in this market. this is no less than a total transformation of the us economy, with thousands of projects like this funded by trillions of dollars of public money, in order to wrest control of the industries of the future from china. but it could also be the start of a giant carve up of globaljobs ....

Government Money , Inflation Reduction Act , Infrastructure Plans , Electric Vehicle Battery , Ascend Elements Facility , 00 Million , 500 Million , Made In America , Carve Up ,

BBCNEWS World Business Report June 4, 2024 04:38:00

The ground. the excavators are shifting tons of soil. united states of america is digging for victory in the green high tech industries of the future and they are in a hurry. literally we are shovel ready to go with our project when we receive the support from the us government. it is like a gold rush, it is so big. rush, it is so big. this work started here rush, it is so big. this work started here at rush, it is so big. this work started here at the - rush, it is so big. this work started here at the facility l started here at the facility for electric vehicle battery past the day after $500 million of government money from the infrastructure plans in the new inflation reduction act. buyers of cars also get subsidies only if they are made in america. although lithium, and nickel and. , , , and. the result is these powders. and. the result is these powders, the and. the result is these powders, the most - and. the result is these - powders, the most expensive inputs into npv ....

Gold Rush , Infrastructure Plans , Inflation Reduction Act , Facility L , 500 Million , 00 Million , Npv Battery , Made In America ,

BBCNEWS BBC News June 4, 2024 03:12:00

Literally, we are shovel ready to go with our project when we receive the support from the us government. it really is like the gold rush. this is, you know, it s so big. this work started here at the ascend elements facility for electric vehicle battery parts the day after $500 million of government money was granted from their infrastructure plans and the new inflation reduction act. buyers of cars will also get subsidies only if they are made in america. the lithium, the cobalt and the nickel. the result is that these powders, the most expensive ev battery inputs, almost entirely made in china, up until now, will, thanks to recycling old batteries, be made in america, and the us has leapfrogged europe, second only to china in this market. this is no less than a total transformation of the us economy with thousands of projects like this funded by trillions of dollars of public money, in order to wrest control ....

Electric Vehicle Battery , Ascend Elements Facility , Gold Rush , Government Money , Infrastructure Plans , Inflation Reduction Act , 500 Million , 00 Million , Ev Battery Inputs , Made In America ,

BBCNEWS World Business Report June 4, 2024 04:37:00

Make sure that voters credit him for the improvements in the economy was at the same time drawing a contrast with the gop had a looming showdown of raising the country s borrowing limit which an extreme could inflict lasting damage on the american economy. michelle fleury there. as president biden seeks re election, the core of his offer is his claim to be transforming the us economy, bringing new life to left behind manufacturing areas in the famous rust belt of america. under the inflation reduction act and other infrastructure plans, the us is now pouring hundreds of billions of dollars of public money into the green industries of the future. but the sheer scale of the investments is so big that allies such as the eu and the uk are concerned that it will threaten jobs in their economies. our economics editor faisal islam has this special report from kentucky. in the fields of western kentucky, the farms are giving way to a different type of green harvest. the spades on ....

Borrowing Limit , Joe Biden , Rust Belt , Michelle Fleury , Manufacturing Areas , Inflation Reduction , Re Election , Infrastructure Plans , Western Kentucky , Faisal Islam , Special Report , Green Harvest ,

BBCNEWS Asia Business Report June 4, 2024 23:36:00

Behind manufacturing areas in the famous rust belt of america. under the inflation reduction act and other infrastructure plans, the us is now pouring hundreds of billions of dollars of public money into the green industries of the future ....

Infrastructure Plans , Manufacturing Areas , Electric Vehicles , Inflation Reduction Act , Rust Belt , Faisal Islam , Special Report , Western Kentucky , Fields Of West Kentucky , Green Harvest , The Future ,