Question: Need help choosing the correct model for the following article below. Apply the appropriate model (Porter's Diamond, Porter's 5 Forces, or Griffin),. ONE OF THESE

Need help choosing the correct model for the following article below. Apply the appropriate model (Porter's Diamond, Porter's 5 Forces, or Griffin),. ONE OF THESE OPTIONS. Please make sure the right column has sentences.

Need help choosing the correct model for the following article below. Apply

the appropriate model (Porter's Diamond, Porter's 5 Forces, or Griffin),. ONE OFTHESE OPTIONS. Please make sure the right column has sentences. \begin{tabular}{|l|l|} \hline

\begin{tabular}{|l|l|} \hline Title of Article: & U.S. Car Markets' EV Plans Hinge on Made-in-America Batteries \\ \hline Issue Date: 2/7/2023 9:21:00 AM \\ \hline Page Number(s): None \\ \hline & AppropriateModelforAnalysis:2pointsFocus:0.5points \\ \hline Salient Components of Model (1 point) & How Article Relates to Model Component (1 point) \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} Appropriate Model for Analysis: Focus: 2 points Salient Components: 1 point How Article Relates to Model Component: 1 point Misc (Title, Spelling, etc): 0.5 points This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Speaker 1: Top French and German officials are in Washington today to resolve disputes between the EU and US over tax credits for electric vehicles. That is because a new US policy incentivizes businesses to produce EV batteries in North America and punishes those that don't. It has led to a wave of new manufacturing projects in North America, building a new battery supply chain that could remove China from the line. I'm Peter Granitz with The Wall Street Journal and for more we are joined by journal reporter Andrew Mollica. Good to talk to you. Speaker 2: Hi Peter. Speaker 1: Andrew, why is the US Government so keen on establishing a US supply chain for batteries in particular? Speaker 2: I think the major impetus is, they're looking at where batteries are currently being sourced and they're currently being sourced primarily through China. China has a fairly strong control over processing materials like lithium, graphite, as well as the production of components like cathodes and anodes and even the assembly and production of EV cars. And with the current climate between the US and China, there's a lot of tension there and a worry that this dependency will be a limitation for US producers of electric vehicles. Speaker 1: And the US policy response to that is the Inflation Reduction Act. How is that bolstering production in the US? Speaker 2: I mean, there's a number of incentives there to build out the EV infrastructure, $7,500 tax credit, which has been extended from a previous tax credit, but now has increased eligibility requirements. For example, the cars must now be assembled in North America and there's increasing requirements that the materials that go into the battery are sourced either in from the US or from a free trade partner. But that's one of the major factors right now that's pushing this effort to build out the EV production in the US. Speaker 1: Andrew, you have a story with the headline, US Car Makers EV Plans, Hinge on Made in America Batteries. How realistic is it that these batteries will be made quickly enough to meet the demand? Speaker 2: We're currently seeing a lot of investment. There are two dozen of these battery manufacturing plants being built. A lot of them are joint ventures between traditional car makers and battery makers. Often from East Asia, like South Korea and Japan. So they are online. There are many that are in the works, but many of these are about five years from opening or hitting the real capacity, production capacity. So it's still a big question as to whether they're going to be ramped up quickly enough to meet the demand that we're seeing for EV vehicles. Speaker 1: Well, we will check back in and hopefully before five years from now. That is Andrew Mollica, he is a reporter for The Journal. He s based in New York. Thanks for your time. Speaker 2: Thank you Peter. Speaker 1: To hear more stories about business and politics from The Wall Street Journal, ask your Google Assistant to play WSJ, What's News podcast

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