Micron, QuantumScape, Hyzon Motors CEOs on Biden’s infrastructure plans – Information by Automobilnews.eu

Micron, QuantumScape, Hyzon Motors CEOs on Biden’s infrastructure plans


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U.S. President Joe Biden speaks about his $2 trillion infrastructure plan throughout an occasion to tout the plan at Carpenters Pittsburgh Coaching Heart in Pittsburgh, Pennsylvania, March 31, 2021.

Jonathan Ernst | Reuters


“That is clearly essential as a result of the semiconductors type the spine of every little thing at the moment within the economies,” Micron’s Mehrotra mentioned. “We’re actually a pacesetter in reminiscence and storage, the one U.S. firm. We’re undoubtedly excited in regards to the prospects of driving higher management in analysis, expertise and merchandise via the U.S., in addition to on a worldwide foundation.”

Micron is a serious participant out there of dynamic random-access reminiscence, or DRAM, and flash reminiscence.

With demand for digital shopper merchandise rising, a semiconductor scarcity has been a boon for the chipmaking trade, however a detrimental for his or her finish markets, notably in autos. The White Home infrastructure plan would commit cash to semiconductor manufacturing and analysis within the U.S.


QuantumScape’s Singh welcomed Biden’s pledge to spend money on electrical autos, noting that extra focus is required addressing key hurdles that hold electrical autos from being aggressive with conventional combustion engines. These hurdles embrace long-range journey, battery charging instances and decrease prices, he mentioned.

“It is very thrilling. … It is nice that the administration is so supportive of this electrified transition that’s crucial to regress emissions, however our view is that on the finish of the day, you recognize, authorities coverage will not be sufficient,” Singh advised Jim Cramer.

“You have to have a product that folks wish to purchase, and we expect that individuals are going to wish to purchase extra EVs as soon as they’re extra aggressive with combustion engines. That is actually the promise of what we’re doing.”

Hyzon Motors


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Hyzon Motors is a non-public hydrogen-fuel cell firm that is primarily based in Honeoye Falls, New York. The corporate, which is being acquired by a blank-check agency known as Decarbonization Plus Acquisition Corp in a deal value $3.9 billion, does enterprise within the business automobile market, together with heavy-duty vehicles and buses.

Knight — who heads and co-founded the corporate, mentioned hydrogen-powered vehicles do not get sufficient recognition — including that the facility supply is extra appropriate for long-range driving.

“Hydrogen vehicles are electrical vehicles. They’re gas cell electrical vehicles,” he mentioned. “We see nice potential for these form of back-to-base operations with excessive utilization to maneuver towards hydrogen.”


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Micron, QuantumScape, Hyzon Motors CEOs on Biden’s infrastructure plans – Information by Automobilnews.eu


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