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US Corps Want $1B From Gov't For Battery Factory

Posted by timothy on from the when-you-really-truly-need-some-free-tax-money dept.

tristanreid writes "The Wall Street Journal reports that a consortium of 14 US technology companies will ask the Federal Government for up to $1 billion for a plant to make advanced battery technology, as a part of the broad fiscal stimulus package that Pres. Elect Obama is planning. The story quotes a report by Ralph Brodd, which suggests that while existing battery technology was developed in the US, the lead in development is now held in Asia. From the WSJ story: 'More than four dozen advanced battery factories are being built in China but none, currently, in the US.'"

2 of 394 comments (clear)

  1. Battery = Phallos by ZarathustraDK · · Score: 0, Troll

    From the WSJ story: 'More than four dozen advanced battery factories are being built in China but none, currently, in the U.S.'"

    We, chinese, have vevvy small penises. You amevicans, LARGE penises, but no batevvies to power them HAHAHAHA!

    --
    If you quote this signature there'll be 72 copies of Windows ME waiting for you in Heaven.
  2. Re:I can't support this use of tax dollars by OeLeWaPpErKe · · Score: 0, Troll

    Better to change the regulatory climate to be competitive with China and let the battery manufacturers come here.

    Much cheaper. Much more jobs.