Like maybe someone other than Hyundai that makes electric cars? Reports said this raid took months to plan. Who had the president's ear a few months ago?
> Like maybe someone other than Hyundai that makes electric cars?
Well this is specifically a battery plant. So any local competitors with battery products have a vested interest. Or makers of gasoline cars. Or oil refineries, or any company in the supply chain that sells fuel for motor vehicles. Battery plants can also manufacture cells for grid storage, so that includes gas drillers, nuclear, etc. and their whole supply chain. That's just off the top of my head. I'm sure there's more vested interested than that.
> Who had the president's ear
Specifically I said 'the administration'. Governments are large institutions that are famously impressionable by corporate interests, especially so—and particularly now—in the US where many of the safeties are off in comparison to other modern western democracies.
> a few months ago?
Regulatory capture happens over a much longer timeframe.
Well this is specifically a battery plant. So any local competitors with battery products have a vested interest. Or makers of gasoline cars. Or oil refineries, or any company in the supply chain that sells fuel for motor vehicles. Battery plants can also manufacture cells for grid storage, so that includes gas drillers, nuclear, etc. and their whole supply chain. That's just off the top of my head. I'm sure there's more vested interested than that.
> Who had the president's ear
Specifically I said 'the administration'. Governments are large institutions that are famously impressionable by corporate interests, especially so—and particularly now—in the US where many of the safeties are off in comparison to other modern western democracies.
> a few months ago?
Regulatory capture happens over a much longer timeframe.