Toyota to Spend $9 Billion on Electric-Car Battery Plants
#16
LOL that's completely 100 percent avoiding the question I asked. I get that there are different types of Innovation. And like you, I love ICE. But why is it that people have no issues with their tax dollars subsidizing Gas and oil companies, but throw a fit when it comes to cleaner tech like EV's? That's all I want to know
#17
You and I both know that's not going to happen. We both know that's silly
Last edited by AMIRZA786; 09-08-21 at 10:15 AM.
#18
OK, let me ask again. We know the US government subsidizes oil and gas. It's why the US has the cheapest gas prices in the world besides Russia. I can pull and post the docs and post the numbers. Why is that OK, but subsidizing EV's is not? I'm not advocating buying an EV, I'm just asking a question of why is OK to hand government money to the Koch brothers but no one else? And I agree with you on your last statement, but car companies are moving in a different direction, like it or not
Last edited by AMIRZA786; 09-08-21 at 10:17 AM.
#19
Originally Posted by AMIRZA786
OK, let me ask again. We know the US government subsidizes oil and gas. It's why the US has the cheapest gas prices in the world besides Russia. I can pull and post the docs and post the numbers. Why is that OK, but subsidizing EV's is not? I'm not advocating buying an EV, I'm just asking a question of why is OK to hand government money to the Koch brothers but no one else?
I also don't think we should ban ICE by a given date. Let the market determine who the winner is over time.
#20
OK, let me ask again. We know the US government subsidizes oil and gas. It's why the US has the cheapest gas prices in the world besides Russia. I can pull and post the docs and post the numbers. Why is that OK, but subsidizing EV's is not? I'm not advocating buying an EV, I'm just asking a question of why is OK to hand government money to the Koch brothers but no one else? And I agree with you on your last statement, but car companies are moving in a different direction, like it or not
Planes, ships, heating our homes in the winter.... It's not just cars that depend on oil and gas.
How long until jets abandon fossil fuels? I'm not an engineer but I have no idea how an electric motor would produce the thrust planes need. What about boats? Shipping vessels?
It's not quite as simple as "America subsidizes oil and gas".
#21
For many it's political. I couldn't give a hoot about politics on my car preferences. I own more ICE than EV but think the future will be much better with EV especially given the much more rapid progress we are seeing in that field.
I also don't think we should ban ICE by a given date. Let the market determine who the winner is over time.
I also don't think we should ban ICE by a given date. Let the market determine who the winner is over time.
#22
It's impossible to ban ICE. It's not going happen, at least in our lifetimes. Anyone who repeats that is just repeating misinformation. But eventually EV's will become the dominant car, just like the smartphone pushed aside flip phones, which were all the rage once upon a time
People will keep their ICEs longer too. As it is, isn't the average age 12 years old of a vehicle now?
#23
OK, let me ask again. We know the US government subsidizes oil and gas. It's why the US has the cheapest gas prices in the world besides Russia. I can pull and post the docs and post the numbers. Why is that OK, but subsidizing EV's is not? I'm not advocating buying an EV, I'm just asking a question of why is OK to hand government money to the Koch brothers but no one else? And I agree with you on your last statement, but car companies are moving in a different direction, like it or not
#24
Show me any other thing that's not an EV that has 300-400 miles of range or so. That's why.
Planes, ships, heating our homes in the winter.... It's not just cars that depend on oil and gas.
How long until jets abandon fossil fuels? I'm not an engineer but I have no idea how an electric motor would produce the thrust planes need. What about boats? Shipping vessels?
It's not quite as simple as "America subsidizes oil and gas".
Planes, ships, heating our homes in the winter.... It's not just cars that depend on oil and gas.
How long until jets abandon fossil fuels? I'm not an engineer but I have no idea how an electric motor would produce the thrust planes need. What about boats? Shipping vessels?
It's not quite as simple as "America subsidizes oil and gas".
Last edited by AMIRZA786; 09-08-21 at 10:36 AM.
#26
#27
That is a huge amount of money. I have a really bad feeling these dumb politicians forcing EV's on the population for no logical reason are going to bankrupt/kill several automakers and make car ownership more expensive/complicated.
#28
New technology is forced on everyone. I was a hardcore Blackberry user (remember those?) and swore I would never given them up. From a corporate IT standpoint there was nothing better for secure email communications. And yet today I have a OnePlus in my pocket and am happier for it. It's not politicians that will determine, it's people's pocket books in the end
#30
Yahoo
https://news.yahoo.com/toyota-build-...110236849.html
Toyota to build $1.29B US battery plant employing 1,750
FILE - The Toyota logo is shown on a dealership in Manchester, N.H., in this Thursday, Aug. 15, 2019, file photo. Toyota plans to build a new $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles. The plant location wasn't announced, but the company said it eventually will employ 1,750 people and start making batteries in 2025, gradually expanding through 2031. (AP Photo/Charles Krupa, File)TOM KRISHER
Mon, October 18, 2021, 7:02 AMDETROIT (AP) — Toyota plans to build a new $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.
The move comes amid a flurry of global announcements about shoring up production of batteries for electric vehicles. Most automakers are working to transition away from internal combustion engines to zero emission battery vehicles.
The Toyota plant location wasn't announced, but the company said it eventually will employ 1,750 people and start making batteries in 2025, gradually expanding through 2031.
The plant is part of $3.4 billion that Toyota plans to spend in the U.S. on automotive batteries during the next decade. It didn't detail where the remaining $2.1 billion would be spent, but part of that likely will go for another battery factory.
Stellantis, formerly Fiat Chrysler, and LG Energy Solution said Monday that they plan to build a battery manufacturing facility to help the automaker get 40% of its U.S. sales from vehicles that run at least partly on electricity by 2030. They didn't say where the plant would be.
Also Monday, the Taiwanese company that makes smartphones for Apple and others, Foxconn Technology Group, said it would produce electric cars and buses for auto brands in China, North America, Europe and other markets.
Volvo Cars on Monday unveiled more details of its initial public offering that will fund its ambitious plan to transform into an all-electric vehicle company by 2030. The Swedish auto brand, owned by Chinese carmaker Geely, said the IPO would value the company at 163-200 billion kronor ($18.8-$23 billion) when shares start trading Oct. 28.
And Ford Motor Co. announced that it will turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe.