[Jacquerie]

On May 2, the U.S. Department of Energy announced $3.1 billion in funding to boost the production of advanced batteries, focusing on processing and manufacturing facilities vs. mining. An additional $60 million will go to finding second uses for used batteries. The money comes from the 2021 infrastructure bill.

Democrats soil and ruin every institution they control. EVs and their green new world will be no different.

[JD_UTDallas]

That’s a rounding error to the subsidies the petroleum industry gets. This an investor’s site not a green new deal group.

https://www.visualcapitalist.com/charted-5-trillion-in-fossil-fuel-subsidies/

[Jonty30]

Major automobile manufacturers don’t want half their vehicles to be EV’s, but they don’t have a choice so they are making the best of a bad situation.

[bigbob]

Innovators Dilemma: the breakthroughs come from new entrants that initially underperform but end up surpassing the existing competitors who are focused on incremental change.

[rellic]

This whole thing is a political solution looking for a problem to solve.
Electric motors are actually much better for transportation.
But until you can get the power density, speed of renewal of that power, compared to fossil fuel,
This is all just political BS.
Especially when most the worlds electricity is produced by Fossil fuels or Nuke power.

[Nifster]

I hope they never find a battery breakthrough

We don’t produce enough electricity as is. Thousands let alone millions of cars charging off the grid will cripple society. These dreams are insanity

[CitizenUSA]

Engineering is always a trade off. Increasing battery capacity means increased energy densities, greater risk of catastrophic failures Increased charge rates increases heat. Any extra resistance in the cables and connections will also generate more heat. To reduce heat, cables, connectors, and heat exchangers must be built larger, adding weight.

[Mark]

Solyndra part 2?

[CPT Clay]

Bump