قالب وردپرس درنا توس
Home / Business / Micron, QuantumScape, Hyzon Motors CEO Biden’s infrastructure plans

Micron, QuantumScape, Hyzon Motors CEO Biden’s infrastructure plans



US President Joe Biden talked about his $2 trillion infrastructure plan at an event held at the Carpenter Pittsburgh Training Center in Pittsburgh, Pennsylvania on March 31, 2021.

Jonathan Ernst | Reuters

Micron

Micron’s Mehrotra said: “This is obviously important because semiconductors are the backbone of everything in today’s economy.” “We are indeed the only American company, a leader in memory and storage. It is very exciting to promote the prospect of achieving greater leadership in research, technology and products.”

;

Micron is a major player in the dynamic random access memory or DRAM and flash memory market.

As the demand for electronic consumer products grows, the shortage of semiconductors has become a boon for the chip manufacturing industry, but it has an adverse impact on its final market (especially automobiles).The White House Infrastructure Plan will invest funds for semiconductor manufacturing and research in the United States

Quantum landscape

QuantumScape’s Singh welcomed Biden’s commitment to investing in electric vehicles, noting that further attention needs to be paid to addressing key obstacles in order for electric vehicles to compete with traditional internal combustion engines to remain competitive. He said these obstacles include long-distance travel, battery charging time and lower costs.

Singh said: “This is very exciting…. It’s great that the government supports this electrification transition, which is vital to reducing emissions, but we believe that, in the final analysis, the government’s policies are not enough.” told Jim Kramer.

“You have to have the products that people want to buy. We think that once people are more competitive with internal combustion engines, people will want to buy more electric cars. This is indeed a promise of what we do.

Hyzon Automotive

Hyzon Motors is a private hydrogen fuel cell company headquartered in Honeoye Falls, New York. The company was acquired by a blank check company called Decarbonization Plus Acquisition Corp for $3.9 billion, which operates in the commercial vehicle market, including heavy trucks and buses.

Knight, the founder and head of Nike, said that hydrogen-powered trucks have not received enough recognition. He added that this power source is more suitable for remote driving.

He said: “Hydrogen trucks are electric trucks. They are fuel cell electric trucks.” “We believe that this type of back-to-back base operation with high utilization has great potential to develop in the direction of hydrogen.”

Have questions about Cramer?
Call Cramer: 1-800-743-CNBC

Do you want to learn more about Cramer’s world? Hit him!
Crazy Money Twitter-Jim Kramer Twitter-Facebook-Instagram

Have any questions, comments or suggestions about the “crazy money” website? madcap@cnbc.com




Source link