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RE: LeoThread 2024-07-20 10:11

in LeoFinance4 months ago

Tracking the EV battery factory construction boom across North America

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced the boom.

The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Then it turned into a tsunami.

In 2019, just two battery factories were operating in the United States with another two under construction. Today there are about 34 battery factories either planned, under construction or operational in the country.

#newsonleo #ev #unitedstates #technology #factories