How Mexico, the US and Canada plan to take over global production of EV cars | Transforming Business

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Chinese companies are pushing deeper into the global EV market. Now the US wants to supercharge production -- on its own terms. Its $370 billion Inflation Reduction Act aims to boost the share of electric cars on US roadways by relying on production and supply chains across North America -- and excluding China. But can it work? And can automakers and workers handle the transition?

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Correction: Anita Rajan is general director of the Washington, D.C., office of the Japan Automobile Manufacturers Association.

dwnews
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Reminds me of the 1970’s when the American car manufacturers said they could beat the Japanese in making affordable, reliable and fuel efficient cars. Lots of “can-do” bravado, but the actual results were pathetic.

angus
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Meanwhile China is doing something else completely new, where as US is just trying to catch up 😂

bouwah
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Made in America but breaks faster than Made in China LOL

joashyoung
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US is terrible at designing & implementing industrial policy. The best way to encourage EV sales is to increase the tax on petro and use the additional revenue on charging infrastructure.

hereigoagain
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Chinese cars will soon become national security problems 😂

dxelson
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China is manufactoring sodium batteries that cost a fraction of lithium batteries. US cars will be too expensive to export at this rate. Chinese EVs could have a higher market.

althyk
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Only when America adopts environmental protection laws similar to Chinese ones. A level playing field for all producers.

devroombagchus
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China car in the US: national security issues! While American Car in China: just business😂

dongdong
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China is making EVs for under $10K.
No other country is doing that. All are pushing > $25K cars

piconano
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Without Chinese batteries supplied chain GM and Ford can not make 1 million EV…You can built as many batteries plants as you want but you still need the materials and a lot of it to make a millions of battery …If GM and Ford can not use Chinese supply chain they go under..

airrodgers
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Losing ground? Tesla literally was the most sold car in Q1 and by far the most sold BEV. Top electric vehicles are all Tesla, which also holds top3 spots in the most American components inside. The video title should be "the old legacy OEMs are losing ground"...

Timo-qbgf
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Actually Europe is the one that's going to have major issues with EV manufacturing, US (private and public) is pouring huge amount of money and resources on lithium battery production, while Europe is struggling to do the same, just during the last 3 years over $240 billion of investment in Li batteries production bas been announced in US and 2-3 times of that will be invested by end of the decade, unfortunately that's no the same with Europe, they will be dependent on China as they were with Russia's energy.

JigilJigil
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Very informative, but Tesla, the largest and fastest-growing EV maker in the US, was barely mentioned. What gives?

andreasboesch
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How can you talk about the US electric car market for 11 minutes, and mention Tesla once ? When telsa owns 50% of the us EV market?
Have you forgot the one player in the market who has monopoly?
German precision is it?
How come the japanies manufacturer assosiation speaks about ambitions 3 times when Honda, Toyota, and nissan has Zero cars to sell in the US???
Oh, and you have found no data or information about Tesla, at all, at all.

Congrats to skew information so much, that is closer to an open lie, than to proper information. 🤑🤐🤯

balazsfried
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I find it funny that you’re talking the rep from JAM considering how far behind Japan is on BEV.

legostud
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He said “ they not do business with China on EV cars” 😂😂
Good luck sir…

bluefish
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Tesla has all of their cars and the semi at the top of the list of the most American made cars and The Cybertruck will be at the very top.

mrm.
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With China Belts and Roads strategies, Asian countries are progressing rapidly in catching up with EU. Asian R&D's will improve immensely which will be a big challenge for western countries in all economical areas in 21st century and beyond.

ntxoovyiasyaj-jerry
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I struggle with the belief that this video is truly an example of objective reporting. Exhibit A is that the overwhelmingly most frequent expert opinion featured on the topic of America's ability to expand battery production is that of Anita Rajan, who is the general director of US Japan Manufactures. But Japanese car manufacturers are lobbying hard in the US in favor of the hybrid electric cars they make over the EVs that their competitors make. Their premise that this lobbying is a good thing in order to prevent a shortage of batteries In other words, this video features center stage a lobbyist who represents an interest group that will profit the most by convincing everyone that the US can't ramp up battery production. Meanwhile Tesla (currently the world's most successful EV manufacturer) vehemently argues in opposition to that view and is even now investing heavily in its own North American battery production and lithium refining operations. So why the lack of balance in the way this topic is addressed? There absolutely are industry experts who argue against the views of the Japanese auto manufacturers as presented by Anita Rajan. Why are none of these rebuttal experts featured in this video? Could it perhaps be because DW is a German news source and Germany also opposes US local content regulations? Please, if there is some other reasonable explanation for this level of bias reporting I would be interested in know what it was.

normvanduker