Coming to a neighborhood close to you: mineral mines and chemical crops.
Large investments in electric-vehicle battery manufacturing within the U.S. preserve rolling in, most just lately from Japan. Toyota on Wednesday stated it will plow a further $2.5 billion right into a cell-production facility it’s constructing close to Liberty, N.C., on high of roughly $1.3 billion dedicated final December. On Monday Honda introduced a joint venture with Korean battery large LG Power for a U.S. cell plant, in all probability in Ohio. Final week The Wall Avenue Journal reported that Panasonic, Tesla’s longtime battery provider, is in discussions to spend $4 billion on a plant in Oklahoma.
