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Zaelaa@lemmy.zip to Mildly Interesting@lemmy.world ·
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2 months ago

The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent.

www.nytimes.com

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The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent.

www.nytimes.com

Zaelaa@lemmy.zip to Mildly Interesting@lemmy.world ·
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2 months ago
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The American E.V. Has Been Crushed. Will It Take the U.S. Auto Industry With It?
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The largest U.S. automakers have backed away from electric vehicles, even as global sales are booming. The decision may make them obsolete.
  • Knock_Knock_Lemmy_In@lemmy.world
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    2 months ago

    Remember when Tesla was just a play to sell more batteries? This is now BYDs business model.

    • forkDestroyer@infosec.pub
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      2 months ago

      I don’t remember that ever being a thing, actually. (Edit: as in “it completely went under my radar”)

      • Knock_Knock_Lemmy_In@lemmy.world
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        2 months ago

        It was related to Tesla giving away it’s electric motor payments, Elon said he did it to encourage battery sales.

        Opening patents could help facilitate the expansion of battery charging infrastructure and ultimately create customers for Tesla’s future battery factories, Kallo said.

        Tesla has a goal of producing a mass-market electric car in about three years, and the company hopes a large-scale factory will leverage its projected demand for lithium ion batteries to reduce their cost. https://abcnews.com/Business/elon-musk-gain-giving-teslas-patents/story?id=24111407

        • forkDestroyer@infosec.pub
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          2 months ago

          Ohhhh I vaguely remember the patents being opened, yes. That rings a bell

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