Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Too bad ford isn’t working with him and the plant is being built in Michigan
No chance, it’s too far away from the new Ford factories this is supposed to serve in TN and KY. Ford is leaving Michigan anyways. If they built this battery facility in Michigan, you have to haul everything 500+ miles to assembly. It’s a logistical nightmare. All these other mega battery plants are a stone’s throw from the assembly plant.
https://www.bloomberg.com/news/articles/2022-12-15/ford-china-s-catl-mull-workaround-for-a-battery-plant-in-michigan-or-virginia
“Considering Michigan” is just a negotiation tactic in an attempt to squeeze the states they really need it in. Look at a map. They are not going to haul heavy ass batteries over 500 miles. They need the battery plant in TN, KY or western VA, period. Youngkin is calling their bluff because he knows they don’t have other options. Just like Amazon still opened large offices New York after that corporate welfare scam was clawed back.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Too bad ford isn’t working with him and the plant is being built in Michigan
No chance, it’s too far away from the new Ford factories this is supposed to serve in TN and KY. Ford is leaving Michigan anyways. If they built this battery facility in Michigan, you have to haul everything 500+ miles to assembly. It’s a logistical nightmare. All these other mega battery plants are a stone’s throw from the assembly plant.
https://www.bloomberg.com/news/articles/2022-12-15/ford-china-s-catl-mull-workaround-for-a-battery-plant-in-michigan-or-virginia
Anonymous wrote:Anonymous wrote:Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Too bad ford isn’t working with him and the plant is being built in Michigan
No chance, it’s too far away from the new Ford factories this is supposed to serve in TN and KY. Ford is leaving Michigan anyways. If they built this battery facility in Michigan, you have to haul everything 500+ miles to assembly. It’s a logistical nightmare. All these other mega battery plants are a stone’s throw from the assembly plant.
Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Anonymous wrote:It was only located in the western most edge of Virginia because it needs to serve Ford’s new plants being built in Kentucky and Tennessee, right? There aren’t a hell of a lot of options for Ford and the Chinese — it’s way too expensive and cumbersome to ship those heavy batteries. So they’ll either build it in the Commonwealth anyways or they’re currently trying to extort (more) corporate welfare from TN and KY — and maybe WV and NC.
Anonymous wrote:Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Too bad ford isn’t working with him and the plant is being built in Michigan
Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I remember when dems and media ruthlessly bullied Scott Walker and gop dopes in Wisconsin for the Foxconn scam. Why are libs suddenly shilling foreign giveaway scams as a good thing?
https://www.cnbc.com/2021/06/29/after-wisconsins-foxconn-debacle-states-rethink-giant-subsidies.html
So for FoxConn Walker promised to give $3 billion in tax credits to FoxConn. Here the state has spent $200 million to attract business to a site and when it does the governor says no, I don’t like that it’s Chinese business because I’d rather have a political talking point than thousands of good paying jobs.
If you don’t see the difference you are blind/deaf/dumb.
So the only difference is amount of the subsidy? How does that make it better? $200 million is still a lot of money.
So yes the amount of the subsidy matters— if you can attract jobs by paying $1000/job that’s a lot better than paying $1 million/job. But more importantly the state has already spent that money to attract a business. If you/Youngkin thinks that was a bad idea then maybe say so sooner. Now that the investment has paid off and a private company wants to spend big dollars to bring thousands of jobs he is rejecting them? Youngkin isn’t complaining about the subsidy— he is complaining about the busines that wants to open.
This new fascist control of the economy where DeSantis and Youngkin want to decide what companies can operate is really troubling
Anonymous wrote:Anonymous wrote:
I remember when dems and media ruthlessly bullied Scott Walker and gop dopes in Wisconsin for the Foxconn scam. Why are libs suddenly shilling foreign giveaway scams as a good thing?
https://www.cnbc.com/2021/06/29/after-wisconsins-foxconn-debacle-states-rethink-giant-subsidies.html
So for FoxConn Walker promised to give $3 billion in tax credits to FoxConn. Here the state has spent $200 million to attract business to a site and when it does the governor says no, I don’t like that it’s Chinese business because I’d rather have a political talking point than thousands of good paying jobs.
If you don’t see the difference you are blind/deaf/dumb.
Anonymous wrote:Anonymous wrote:His political future is dead. He has yet to seriously address the school shooting of the 6 year old. More and more details come out and he has only said one thing which was really nothing. It's not good for the optics with the crowd he's trying to keep.
I don’t get this. Wouldn’t the parents be responsible?
Anonymous wrote:A “Trojan horse” for China that would undermine policy efforts to strengthen the U.S. auto industry. Gov says he’ll work with Ford directly, but not with Contemporary Amperex Technology Co. Ltd., also known as CATL, involved. Good on him.
https://www.autoblog.com/2023/01/20/virginia-governor-youngkin-ford-catl-plant/
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
I remember when dems and media ruthlessly bullied Scott Walker and gop dopes in Wisconsin for the Foxconn scam. Why are libs suddenly shilling foreign giveaway scams as a good thing?
https://www.cnbc.com/2021/06/29/after-wisconsins-foxconn-debacle-states-rethink-giant-subsidies.html
So for FoxConn Walker promised to give $3 billion in tax credits to FoxConn. Here the state has spent $200 million to attract business to a site and when it does the governor says no, I don’t like that it’s Chinese business because I’d rather have a political talking point than thousands of good paying jobs.
If you don’t see the difference you are blind/deaf/dumb.
So the only difference is amount of the subsidy? How does that make it better? $200 million is still a lot of money.
FoxConn never actually built anything.