Economist Podcasts Money Talks: Touring America’s industrial revival
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Nov 9, 2023 The podcast takes listeners on a road trip across America to explore the impact of President Biden's Inflation Reduction Act on green infrastructure. It highlights the construction boom of battery and electric vehicle plants in small towns. The discussion showcases Panasonic's new battery factory in DeSoto, revealing mixed community feelings about industrial growth. Stanton, Tennessee's turn from decline to manufacturing opportunity is explored, shedding light on local hopes and the importance of creative talent. The episode wraps up with insights into Jacksonville's film history and WeWork's financial challenges.
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EV Prevalence
- Electric vehicles are less common outside major cities like Los Angeles.
- Charging stations are also scarce, making gas-powered vehicles still necessary for long road trips.
Road Trip Across America
- Henry Tricks took a 5,000-mile road trip across 15 states to observe America's changing industrial landscape.
- His son and nephew joined, focusing on the music industry while Tricks investigated the car industry's transformation.
Panasonic's Battery Plant
- Panasonic is building a new battery factory in DeSoto, Kansas.
- This marks the largest investment ever in Kansas, revitalizing a former ammunition plant site.