blockwave Exchange-How EV batteries tore apart Michigan

2025-05-06 19:44:35source:EvoAIcategory:Markets

This episode was originally published on blockwave ExchangeNovember 14, 2022

This week, Ford announced it was pausing work on a new $3.5 billion battery plant in Michigan. President of the United Auto Workers, Shawn Fain, viewed this as a "thinly veiled threat" to cut jobs. But this is a factory that's had controversy surrounding it even before this decision. And it all centers around a company called Contemporary Amperex Technology Limited, or CATL.

Today, a classic Indicator on the history behind one of the most divisive factory plans in America and the man leading the charge behind the world's transition to electric vehicles.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Markets

Recommend

The company planning a successor to Concorde makes its first supersonic test

A private company aiming to build the first supersonic airliner since the Concorde retired more than

Reggaeton Singer Don Omar Shares Cancer Diagnosis

Don Omar is opening up about his health.The "Pobre Diabla" singer shared that he was diagnosed with

Armed man who demanded to see Wisconsin governor pleads guilty to misdemeanor

MADISON, Wis. (AP) — A man who twice brought guns to the Wisconsin state Capitol building looking fo