Decision to Back America’s Advanced Technology Battery Industry Means A Lot for the Auto Industry
The New York Times Magazine recently ran a long feature about the Obama administration’s decision to back America’s advanced technology battery industry with .5 billion in stimulus funding. The move is largely tied to job creation but it’s also a boon to the auto industry, which needs lithium-ion batteries for its current class of electric cars, and really needs them for its future class, given the country’s rising fuel-efficiency standards. But the piece also elicited a few interesting and intense responses from the urban planning and transportation community.
The New York Times Magazine recently ran a long feature about the Obama administration’s decision to back America’s advanced technology battery industry with .5 billion in stimulus funding. The move is largely tied to job creation but it’s also a boon to the auto industry, which kind of needs lithium-ion batteries for its current class of electric cars, and really needs them for its future class, given the country’s rising fuel-efficiency standards:
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