Some news from the world of EVs:
LG Energy Solution is investing $1.7 billion into expanding its lithium-ion cell production in Holland, Michigan.
GM is investing $760 million into updating the Toledo Propulsion Systems plant to produce EV drives.
Tesla is considering shifting battery production to the U.S. to take advantage of tax credits in the Inflation Reduction Act.
This is a small sample of investments underway to transition to increased EV production at traditional automakers like GM and new upstarts like Tesla.
Thanks for reading The Polymath Professional Report! Subscribe for free to receive new posts and support my work.