Li-ion battery makers appeal to Congress for $1bn in aid
After all, in five years, what use will having an American auto business be if they have to buy all their most important parts from China? There are four dozen next-gen battery manufactories being built there right now, and zero here in the States. The group of companies, including the likes of 3M, hopes to avoid total Asian dominance of a field upon which the existence of perhaps an entire industry is staked.