GM to reject foreign manufacturers, build own batteries

[NfamousZ24]

That is GREAT NEWS!!!!

Now for the broken record........

Moraine Assembly could use some love. lol Heck we are an electronic union. (IUE-CWA)

[plane]

Originally Posted by NfamousZ24

That is GREAT NEWS!!!!

Now for the broken record........

Moraine Assembly could use some love. lol Heck we are an electronic union. (IUE-CWA)

Why not?
That would be a clear sign that the battery development loan is worth pursuing.
Real live North American manufacturing jobs.

If Ener Del can do make batteries profitably in North America,
why not the the other battery manufacturers?

Why not?

[fp115]

Wait, I thought most people were against the government loan. But now people are for it? What do you think is allowing GM to do this?

[Quickening]

Originally Posted by kenman923

So GM is telling the battery manufacturers, "Thanks but no thanks. If we want batteries we will make them ourselves."

Good one.

And good move GM.

[AMERICA 123]

Originally Posted by kenman923

So GM is telling the battery manufacturers, "Thanks but no thanks. If we want batteries we will make them ourselves."

Maybe, maybe not - or maybe sorta'.

One way to play it - which like anything else, has pluses and minuses to it, is to keep some in house and have some outside.

*******************************

This is great news..... exactly whats needed and is usable - more ways than one.

I'd love to see GM be able to legitimately wrap the flag and American nation building around the Volt.

[AMERICA 123]

Originally Posted by fp115

Wait, I thought most people were against the government loan. But now people are for it? What do you think is allowing GM to do this?

Actually, 'the people' are not.

Certain special interest groups are grumbling and trying to derail it.

[AMERICA 123]

Originally Posted by plane

It's time to bring the jobs back home and rebuild North America.
We've bent over backwards to move the rest of the world forward.
Now let's get back to business.

Can I get an ahmen !!!

[stormwatcher]

Originally Posted by kenman923

So GM is telling the battery manufacturers, "Thanks but no thanks. If we want batteries we will make them ourselves."

It's unclear how much of the technology and patents are owned by these foreign battery manufacturers and how much is controlled by GM. If the companies producing batteries for the Volt own even one critical patent for the LiIon batteries and don't license it to GM, then GM is presently out of luck.

My suspicion is that being battery manufacturers in an emerging market, these foreign companies have much of the technology protected by patents.

[A Bum In A Bus]

Best decision yet, insure your availability, mantain your quality standards, and guard your technology. If this battery is made in Japan it will be shared with Toyota in minutes. Toyota will make a minor change(change the writing on the battery pack) and walah, you have a new Toyota created battery. If the US is smart they will support(money) this advanced technology and protect it like a mother hen. If they don't, it will go like the rest of our technology, to the pirates of the world.

[eaton53]

My suspicion is that being battery manufacturers in an emerging market, these foreign companies have much of the technology protected by patents.

One of the companies GM is working with (A123) is not foreign.

[Ming]

Originally Posted by fp115

Wait, I thought most people were against the government loan. But now people are for it? What do you think is allowing GM to do this?

Speaking of loans...where is all of this magical money coming from:


Fed Takes Control of AIG With $85 Billion Bailout ...

10 Billion per month wars overseas, huge multi billion dollar bailouts, the hundreds of billions just keep rolling in from somewhere.... Quite disturbing.



On the battery issue --- if Japan's government is assisting with their development, then the hands-off "market rules" approach favored by some (until they decide to do a bailout at the last minute) won't work.

"Yeppers, let 'em survive on their own, and if they can't it's jes' the Market at work ---- WHOOPS companies are failing and the markets are crashing, quick, it's taxpayer bailout time!"

[eaton53]

Originally Posted by Ming

Speaking of loans...where is all of this magical money coming from:


Fed Takes Control of AIG With $85 Billion Bailout ...

10 Billion per month wars overseas, huge multi billion dollar bailouts, the hundreds of billions just keep rolling in from somewhere.... Quite disturbing.



On the battery issue --- if Japan's government is assisting with their development, then the hands-off "market rules" approach favored by some (until they decide to do a bailout at the last minute) won't work.

"Yeppers, let 'em survive on their own, and if they can't it's jes' the Market at work ---- WHOOPS companies are failing and the markets are crashing, quick, it's taxpayer bailout time!"

Actually, it's a loan which AIG may very well pay back with interest.

They have a lot of assets (including a whole fleet of airliners that they lease out), they just need time to sell them.

[samkung]

Awesome move, i wonder if GM and Ford should join force to make battery to compete with the Japanese forms

[Mrbowtie]

Originally Posted by GMusa

This is awesome! Hopfully it will help Americans stay ahead on battery tech.!

Too bad obama will do everything he can do to make sure corporate American can't compete.

[samkung]

Originally Posted by Ming

Speaking of loans...where is all of this magical money coming from:


Fed Takes Control of AIG With $85 Billion Bailout ...

10 Billion per month wars overseas, huge multi billion dollar bailouts, the hundreds of billions just keep rolling in from somewhere.... Quite disturbing.

Guess they have to bail out AIG, otherwise it will affect millions of insurance policies, but if i am the government, i will cut off the wages of AIG's employee, especially those in the upper level, they need to pay for their greedy actions, and overall salary is just unreasonable for people working in financial company, and Tax payer shouldnt have to continue to support their high wages