{"id":129195,"date":"2021-10-19T11:22:26","date_gmt":"2021-10-19T18:22:26","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/10\/automakers-are-spending-billions-to-produce-battery-cells-for-evs-in-the-u-s"},"modified":"2021-10-19T11:22:26","modified_gmt":"2021-10-19T18:22:26","slug":"automakers-are-spending-billions-to-produce-battery-cells-for-evs-in-the-u-s","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/10\/automakers-are-spending-billions-to-produce-battery-cells-for-evs-in-the-u-s","title":{"rendered":"Automakers are spending billions to produce battery cells for EVs in the U.S."},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/automakers-are-spending-billions-to-produce-battery-cells-for-evs-in-the-u-s.jpg\"><\/a><\/p>\n<p>Based on a rolling five-year average of announced investments, AlixPartners expects companies to invest $330 billion in the next five years throughout the EV supply chain globally. About a third of that is expected to be for batteries, largely in the China and Europe, while the U.S. attempts to catch up.<\/p>\n<p>That forecast is up by 65% from an expected $200 billion from 2,018 according to Kumar.<\/p>\n<p>\u201cElectrification is occurring faster than many were thinking even a few years ago,\u201d he said. \u201cThe plans OEMs have in place have started to change dramatically.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based on a rolling five-year average of announced investments, AlixPartners expects companies to invest $330 billion in the next five years throughout the EV supply chain globally. About a third of that is expected to be for batteries, largely in the China and Europe, while the U.S. attempts to catch up. That forecast is up [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-129195","post","type-post","status-publish","format-standard","hentry","category-futurism"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/129195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=129195"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/129195\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=129195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=129195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=129195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}