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Maker or so that this chinese battery maker will get a portion of the $7500. so $900 of the $7500 goes to this chinese subsidiary, but ford is able to say, no, batteries are made here because that was the point, some say is, of the inflation reduction act. it's a shell game. rachel: yeah. pete: it has been. people are getting rich off of it, and they're not really dedicated, to your point, if they were serious about bringing back, bringing in the mined cobalt and do batteries here, they would loosen the regulations to do that. rachel: can and these subsidies make us more dependent on china bec...

Of southern italy has risen to at least 62 people, including 12 children. dozens more are feared missing. the vessel, carrying migrants, broke apart while trying to land near the coastal town of crotone in the calabria region. authorities said at least 180 people were aboard. palestinians have criticised israeli security forces for failing to protect them, after a palestinian man was shot dead as israeli settlers attacked villages in the north of the occupied west bank. hundreds were injured as homes, businesses and cars were set on fire during several hours of rioting. two israeli settlers we...

Battery maker, ideally. this vision of the future could yet be realised, but the question remains the same as it did for britishvolt — who will pay for it? alistair gill, bbc news. jamie driscoll is the labour mayor for the north of tyne — and he joins us from newcastle. good morning. in five years' time will there be a plant on that site? we will see industry developed there, yes. it is the best side in there, yes. it is the best side in the country because it is an old power station. the country because it is an old powerstation. if the country because it is an old power station. if you ...

Forthcoming in this case, because it's a great site up at blythe where britishvolt planned to make batteries. you could see someone like invizion, who you mentioned, who is a chinese battery—maker who is a chinese battery—maker who works with nissan. or you could see somebody like tatar, who's recently said it's looking to build bat razz in europe — and, by the way, owns jaguar. europe - and, by the way, owns jaauar. �* , , europe - and, by the way, owns jaauar. �* ,, ., jaguar. are we less attractive now in terms _ jaguar. are we less attractive now in terms of— jaguar. are we les...

China Aviation Lithium Battery (CALB) priced the shares at the bottom of its marketed range. The Hong Kong tranche, which was undersubscribed 0.21 times, has been offered to international investors.