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CATL’s $5B North American battery production plans land in U.S., several sites being vetted

Teslarati

Contemporary Amperex Technology Co (CATL) said in March 2021 that it would invest $5 billion into potential electric vehicle battery cell manufacturing sites in North America. CATL is now in talks to serve BMW AG and Ford Motor Company. Talks are currently ongoing, according to two anonymous sources.

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Billionaire Brings Tesla Autopilot Rebuke

Cars That Think

Yesterday, in a livestreamed event, Dan O’Dowd —a software billionaire and vehement critic of Tesla Motors’ allegedly self-driving technologies—debated Ross Gerber, an investment banker who backs the company. Dan O’Dowd: In late 2020, they [Tesla Motors] created a beta site, took 100 Tesla fans and said, try it out.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

BMW, for example, claims it will not cut jobs in the transition to EVs, but it is likely that it will still reduce its workforce by both reskilling and attrition like other German automakers are contemplating. North Carolina has provided $1.2 How many will be new hires versus existing workers who are retrained is not clear.

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