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New Electrical Vehicle manufacturer VinFast to locate in North Carolina U.S.A.

Trueturning

Diamond
Joined
Jul 2, 2019
If you read the article about South Dakota, its mostly because the government looks the other way about where the money comes from. If you or I deposit ten grand, the feds get notified. If Putins buddy buys a building for ten million, its fine as long as he does it thru a shell company.
These guys actually dont mind losing 10 percent on the deal, and even paying property taxes- its much less than they would lose if the money stayed at home in Russia.
Somewhere between $400 Billion and a Trillion in "anonymous" money is parked in South Dakota alone.

Its absolutely true, though, that the Chinese, the Indonesians, Thais, and Vietnamese have not been afraid to roll their sleeves up and buy actual factories in the USA, and build things for money..

Money like this can be found going to places where legitimate businesses are growing. The dirty money competes with the non dirty money for business opportunities.

“ Its absolutely true, though, that the Chinese, the Indonesians, Thais, and Vietnamese have not been afraid to roll their sleeves up and buy actual factories in the USA, and build things for money. ”

With China for the last three decades quite a lot of money flowed there from the United States and other western countries. No doubt given the devastation of the middle class and of American manufacturing all of that investment and joint ventures would also include clean and dirty money.

So no surprise that it grows and comes back. Once the high mark is reached likely it will leave to go back or to some other acceptable environment.

Consider the most reprehensible players amassing vast wealth and we know it gets put to work. The Cartels have massive amounts of wealth and right now are directly involved on the Southern border with Mexico. This kind of money finds its way into more mainstream businesses. They like using the bad money to start respectable businesses.

The laws are written in a certain way and likely have been to make possible such financing and investments. Since it brings so much investment one wonders where the great motivation comes from to stop it if even possible as if it comes from another country then obviously that country did not stop it.

Interesting points sure. There is a large focus on the United States here as usual. It was pointed out about how railroad investors harmed the public and the robber Barron’s who did it. It ignores the vast benefits of the railroads and the way the government incentivized the building of those railroads.
 

Scottl

Diamond
Joined
Nov 3, 2013
Location
Eastern Massachusetts, USA
Not sure what you're so mad about.

We won.

We turned them Capitalist. They're now an enemy of China. And they're investing here.

It's horrible that we lost so many American lives there, but maybe we should have thought a little more before jumping in after the French left.

Actually no, we didn't turn them capitalist. They are still officially a communist state under one-party rule but as this official Vietnam webpage says "Vietnam, like other communist countries, has to adopt some capitalist principles to survive".

Is Vietnam one of countries remaining communism in the world?

In other words while communism may work as a political system it is inferior to capitalism as an economic system and must use part of capitalism to stay solvent.
 

barbter

Diamond
Joined
Oct 27, 2007
Location
On Tour...
Actually no, we didn't turn them capitalist. They are still officially a communist state under one-party rule but as this official Vietnam webpage says "Vietnam, like other communist countries, has to adopt some capitalist principles to survive".

Is Vietnam one of countries remaining communism in the world?

In other words while communism may work as a political system it is inferior to capitalism as an economic system and must use part of capitalism to stay solvent.
Nice and cushty arrangement where there's the single party, and single head for the 5 year term.
Very pleasing for the World Bank and US banks operating in there keeping an eye on the "State Bank" (Int Finance Corp, BoA, Citibank, AMEX, Chase).
Gotta keep them Banksters happy.... :D
 

hanermo

Titanium
Joined
Sep 28, 2009
Location
barcelona, spain
The moral is:
WILL VinFast actually make EV batteries or components in scale, in the US, in the medium/long term of 5/10 years ??

My opinion is that this has about a 2% probability.

It is NOT that they might not actually make some sort of plant and hire some people and make some batteries or components.
They very well might -- ..

But to be economically viable, those batteries must be as good as the market leader,
must be produced in scale,
must reduce costs // prices in line with the market leader,
must have the energy density of the market leader,

... and ideally must have some benefit vs the market leader in being smaller, lighter, more energy dense (most critical), cheaper, easier to produce or something similar.

So far, for 15 years, we have seen exactly zero technologically superior products to the tesla // market leader battery solutions.
Maybe 40 deployed batteries with 10 main brands using them in leafs, renaults, bolts, porsches, vw, etc.
Exactly zero of them are Really Really Really good in something.

It is Hard to make a really good new motive battery.
So the above and current companies are land grabs and flim flam like sakti3, which was written down to zero after a 35 M $ buy out for solid state. Lies, basically, iirc.

More than 200 companies are now pursuing this goal with multi-million financing.
Obviously, Pretty Soon Now, 5 y, several will have real working products.

Those companies who solve it will triumph, but more importantly the battery tech will improve either a bit or more likely dramatically.

I think every scandinavian leader and us leader who has supported these flimflam battery mirages should be made personally responsible financially.
 

Scottl

Diamond
Joined
Nov 3, 2013
Location
Eastern Massachusetts, USA
Hanermo,

I have to say that while I applaud your loyalty to Tesla it has led to a blind spot regarding other companies.

Numerous researchers including those at universities are exploring improved battery technologies which would eventually be brought to market by private firms.

Also, AFAIK Tesla is still building packs using 18650s, same as most everyone else. Musk has done an admirable job but I see many other brands of EVs around here so while they currently have the lead as an early starter other players should not be underestimated.
 

barbter

Diamond
Joined
Oct 27, 2007
Location
On Tour...
I see long term - Ford will win....they are BIG into the WEF and all the 4th Ind Rev shit - sponsors etc.
They won't be allowed to fail.
Even if it means getting Tesla via hostile takeover means....
 

jaguar36

Cast Iron
Joined
May 13, 2015
Location
SE, PA
But to be economically viable, those batteries must be as good as the market leader,
must be produced in scale,
must reduce costs // prices in line with the market leader,
must have the energy density of the market leader,
In 'normal' times that certinaly would have been true, but right now the demand is so high for EVs that even crappy ones that are far from the market leader have long wait lists. If they get the factory built and can start shipping cars *soon* they could very easily be successful even with a sub-par product. I don't think demand for EVs is going to be dropping off anytime soon so they will have quite a number of years to catch up in performance even if their intial offering is mediocre.

Of course there has only been 1 successful new car company in the US in the last 100 years so I think you're probably right about the 2% chance.


Also, AFAIK Tesla is still building packs using 18650s, same as most everyone else. Musk has done an admirable job but I see many other brands of EVs around here so while they currently have the lead as an early starter other players should not be underestimated.
Tesla's largest produciton vehicles are using 2170's now, and they have just started using 4680's. However this is just a designation of the size of the individual battery cells. (18x65mm vs 21x70mm) While there are some benefits to moving to the larger size cells, and some technology advancements required to utilize those sizes, the real change has been in the chemistry and the manufacturing of the cells. Tesla/Panasonic has gone through numerous different revisions to the chemistry in the cells. So not only is the latest Tesla 18650 very different in performance from a Samsung, LG or whoever's 18650, it is also very different from the 18650 cell that was in a 2012 Tesla.
 








 
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