Michigan predicted to “dominate” EV battery manufacturing after $2B investment

[Airforceguy]

We shall see if this pans out. Right now, states like Georgia, Tennessee and North Carolina are dominating when it comes to EV investments. In 2022, Georgia alone saw $24 billion in investments for EV plants. So, it will be interesting to see what Michigan can do.

Michigan predicted to “dominate” EV battery manufacturing after $2B investment

A recent CNBC story highlighted Michigan among the top three states that will “dominate electric vehicle battery manufacturing in the United States by 2030.”


Michigan, Georgia and Kentucky will be able to manufacture between 97 and 136 gigawatt hours’ worth of EV batteries per year by 2030, according to plans they have laid out, according to a November 2022 report from the Argonne National Laboratory.


The U.S. Department of Energy highlighted the three states as having the highest predicted growth.


Thanks to a wave of new planned vehicle battery plants, North America’s total battery manufacturing capacity is to expand from 55 gigawatt-hours per year in 2021 to nearly 1,000 gigawatt hours by 2030, according to the Office of Energy Efficiency and Renewable Energy.

https://www.mlive.com/public-interes...nvestment.html

[K-slice]

We are at the beginning of a major automotive industry shift not seen since the Model T and we need to be competitive now more than ever. Electrification is going to be big business in the next 10 years and states with factories equipped to make ICE vehicles en masse are going to see them shuttered or converted to electric vehicle manufacturing. Our Gov is doing the right thing here.

[Rocket]

We are at the beginning of a major automotive industry shift not seen since the Model T and we need to be competitive now more than ever.

We better hope not.

EV's are a dying breed. Major companies have already started seeing through the horse manure, and are starting to back out of EV's.

Toyota already announced they are done with EV's, and at a major automaker summit this past Fall, all the major manufacturers [[except GM) agreed that EV's are not viable long term.

They will peak at perhaps 15% market share, and the mineral resources will be put to more efficient use elsewhere.

Detroit better not step too deeply into this outhouse, or we'll be in trouble in 20 years.

[canuck]

We better hope not.

EV's are a dying breed. Major companies have already started seeing through the horse manure, and are starting to back out of EV's.

Toyota already announced they are done with EV's, and at a major automaker summit this past Fall, all the major manufacturers [[except GM) agreed that EV's are not viable long term.

They will peak at perhaps 15% market share, and the mineral resources will be put to more efficient use elsewhere.

Detroit better not step too deeply into this outhouse, or we'll be in trouble in 20 years.

Yes, the insane energy that goes into mining and transforming for these vehicles is not viable long term. Probably more pollution and ecological disasters forthcoming if that is the way forward…