It May Be Too Late to Fend Off China’s Battery Giants – Wall Street Journal

Chinese battery companies enjoy significantly higher margins abroad, according to Goldman Sachs. For example, the bank expects around 70% of the earnings of Gotion, to come from exports or overseas production by 2025. The company’s plant in Germany has started production this year and it is building a $2 billion battery factory in Illinois.

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Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

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