Falafulu
2022-08-28

$General Motors(GM)$

The U.S. car industry continues to build out its own electric-vehicle supply chain. That will help all auto makers achieve their EV ambitions, including Ford Motor, General Motors and Tesla.

Hopefully, reshoring supply will mean lower costs. It will certainly lessen the industry's dependence on China for supply of key EV parts.

Friday, The Wall Street Journal reported that Panasonic (6752. Japan) was looking to put a new EV battery factory in Oklahoma. In July, Panasonic announced a new battery facility destined for Kansas that would create up to 4,000 jobs.

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Comments

  • JC888
    2022-08-28
    JC888
    Is it a little too little too late?  In the meantime cont'd to rely on partners to maintain productn momentum?
  • R2D2
    2022-08-28
    R2D2
    +ve news for US EV
  • PhilipChow
    2022-08-28
    PhilipChow
    Mexico may benefit from this
  • SandDust
    2022-08-28
    SandDust
    Thanks for sharing
  • pinacolada
    2022-08-28
    pinacolada
    [smile]
  • Lenneth
    2022-08-28
    Lenneth
    ok
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