Jun 14, 2023 · 24m · green-blueprint

The fall of a battery maker still haunts America

Gabrielle Coppola · 14m spoken Stephen Lacey · 6m spoken Barack Obama · 14s spoken
0:00 / 0:00

gold bands on the timeline = statements, start to end. Hover to read, click to jump. CC turns on captions

Host Stephen Lacey and automotive journalist Gabrielle Coppola examine the rise, collapse, and foreign acquisition of battery manufacturer A123 Systems to derive essential industrial policy lessons for America's current clean energy transition.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. How this is scored →

The hosts as informed peer 5.6 Guest teaching 3.8 Guest disagreement 1.6 The hosts pushing back 0.6
05100:0010:0020:000:02–6:07 · The hosts as informed peer 6/10 Comparing Clean Industrial Strategies Across Eras The host opens with detailed historical context comparing the Obama administration's stimulus targets with the Biden administration's industrial strategy. The exchange is deeply collaborative and journalistic.6:07–8:42 · The hosts as informed peer 6/10 Podcast Intro and the Scientific Origins of LFP Batteries The host articulates the irony of Ford partnering with CATL over LFP chemistry originally discovered in America. The guest elaborates on Goodenough's 1995 discovery and initial commercialization hurdles.8:43–14:43 · The hosts as informed peer 5/10 Commercial Strains and the Fisker Karma Battery Recall The host guides the timeline through Chrysler's leadership change and Fisker's downfall. The guest explains how market perception and fixed-cost factory economics amplified the impact of a modest manufacturing defect.14:54–17:18 · The hosts as informed peer 5/10 Bankruptcy, Chinese Acquisition, and National Security Blindspots The host establishes the political fallout of A123's bankruptcy, while the guest educates on the CFIUS clearance of Wanxiang's acquisition and the prevailing Washington mindset regarding battery technology.17:20–23:40 · The hosts as informed peer 6/10 Applying A123 Lessons to the Inflation Reduction Act Era The host cites concrete BNEF and Canary Media data on Chinese manufacturing dominance and IRA investments. The guest counters conventional assumptions about whether IRA funding alone can outmatch Chinese scale.0:02–6:07 · Guest teaching 2/10 Comparing Clean Industrial Strategies Across Eras The host opens with detailed historical context comparing the Obama administration's stimulus targets with the Biden administration's industrial strategy. The exchange is deeply collaborative and journalistic.6:07–8:42 · Guest teaching 3/10 Podcast Intro and the Scientific Origins of LFP Batteries The host articulates the irony of Ford partnering with CATL over LFP chemistry originally discovered in America. The guest elaborates on Goodenough's 1995 discovery and initial commercialization hurdles.8:43–14:43 · Guest teaching 4/10 Commercial Strains and the Fisker Karma Battery Recall The host guides the timeline through Chrysler's leadership change and Fisker's downfall. The guest explains how market perception and fixed-cost factory economics amplified the impact of a modest manufacturing defect.14:54–17:18 · Guest teaching 5/10 Bankruptcy, Chinese Acquisition, and National Security Blindspots The host establishes the political fallout of A123's bankruptcy, while the guest educates on the CFIUS clearance of Wanxiang's acquisition and the prevailing Washington mindset regarding battery technology.17:20–23:40 · Guest teaching 5/10 Applying A123 Lessons to the Inflation Reduction Act Era The host cites concrete BNEF and Canary Media data on Chinese manufacturing dominance and IRA investments. The guest counters conventional assumptions about whether IRA funding alone can outmatch Chinese scale.0:02–6:07 · Guest disagreement 1/10 Comparing Clean Industrial Strategies Across Eras The host opens with detailed historical context comparing the Obama administration's stimulus targets with the Biden administration's industrial strategy. The exchange is deeply collaborative and journalistic.6:07–8:42 · Guest disagreement 1/10 Podcast Intro and the Scientific Origins of LFP Batteries The host articulates the irony of Ford partnering with CATL over LFP chemistry originally discovered in America. The guest elaborates on Goodenough's 1995 discovery and initial commercialization hurdles.8:43–14:43 · Guest disagreement 2/10 Commercial Strains and the Fisker Karma Battery Recall The host guides the timeline through Chrysler's leadership change and Fisker's downfall. The guest explains how market perception and fixed-cost factory economics amplified the impact of a modest manufacturing defect.14:54–17:18 · Guest disagreement 1/10 Bankruptcy, Chinese Acquisition, and National Security Blindspots The host establishes the political fallout of A123's bankruptcy, while the guest educates on the CFIUS clearance of Wanxiang's acquisition and the prevailing Washington mindset regarding battery technology.17:20–23:40 · Guest disagreement 3/10 Applying A123 Lessons to the Inflation Reduction Act Era The host cites concrete BNEF and Canary Media data on Chinese manufacturing dominance and IRA investments. The guest counters conventional assumptions about whether IRA funding alone can outmatch Chinese scale.0:02–6:07 · The hosts pushing back 1/10 Comparing Clean Industrial Strategies Across Eras The host opens with detailed historical context comparing the Obama administration's stimulus targets with the Biden administration's industrial strategy. The exchange is deeply collaborative and journalistic.6:07–8:42 · The hosts pushing back 0/10 Podcast Intro and the Scientific Origins of LFP Batteries The host articulates the irony of Ford partnering with CATL over LFP chemistry originally discovered in America. The guest elaborates on Goodenough's 1995 discovery and initial commercialization hurdles.8:43–14:43 · The hosts pushing back 1/10 Commercial Strains and the Fisker Karma Battery Recall The host guides the timeline through Chrysler's leadership change and Fisker's downfall. The guest explains how market perception and fixed-cost factory economics amplified the impact of a modest manufacturing defect.14:54–17:18 · The hosts pushing back 0/10 Bankruptcy, Chinese Acquisition, and National Security Blindspots The host establishes the political fallout of A123's bankruptcy, while the guest educates on the CFIUS clearance of Wanxiang's acquisition and the prevailing Washington mindset regarding battery technology.17:20–23:40 · The hosts pushing back 1/10 Applying A123 Lessons to the Inflation Reduction Act Era The host cites concrete BNEF and Canary Media data on Chinese manufacturing dominance and IRA investments. The guest counters conventional assumptions about whether IRA funding alone can outmatch Chinese scale.

speaking balance: gold is the hosts, purple is the guest (3 minute bins)

0:00 · the hosts 0% · guest 100%0:00 · the hosts 0% · guest 100%3:00 · the hosts 0% · guest 100%3:00 · the hosts 0% · guest 100%6:00 · the hosts 0% · guest 100%6:00 · the hosts 0% · guest 100%9:00 · the hosts 0% · guest 100%9:00 · the hosts 0% · guest 100%12:00 · the hosts 0% · guest 100%12:00 · the hosts 0% · guest 100%15:00 · the hosts 0% · guest 100%15:00 · the hosts 0% · guest 100%18:00 · the hosts 0% · guest 100%18:00 · the hosts 0% · guest 100%21:00 · the hosts 0% · guest 100%21:00 · the hosts 0% · guest 100%24:00 · the hosts 0% · guest 100%24:00 · the hosts 0% · guest 100%
Sharpest disagreement ▶ 20:02 Direct rejection of US competitiveness premise

The guest bluntly rejects the premise that current US investments can match China's scale overnight, pointing out the vast difference in demographic and industrial momentum.

Hardest push from the hosts ▶ 1:29 Challenging historical claim on manufacturing interest

The host challenges the guest's assertion that politicians only recently started caring about manufacturing, prompting a distinction between lip service and real industrial policy.

Biggest teaching moment ▶ 16:20 Dennis Blair op-ed and the 2012 intelligence mindset

The guest explains how the Director of National Intelligence publicly argued in 2012 that lithium-ion battery manufacturing was not critical to US national security, revealing the era's strategic miscalculation.

The host holds their own ▶ 19:10 Deploying BNEF and IRA manufacturing data

The host demonstrates deep subject domain knowledge by citing BNEF's 83% Chinese market share figure and tracking 100 newly announced IRA clean energy manufacturing facilities.

the scores for every segment, with the reasoning behind each
ChapterTopicThe hosts as informed peerGuest teachingGuest disagreementThe hosts pushing backWhy
Comparing Clean Industrial Strategies Across Eras 6211 The host opens with detailed historical context comparing the Obama administration's stimulus targets with the Biden administration's industrial strategy. The exchange is deeply collaborative and journalistic.
Podcast Intro and the Scientific Origins of LFP Batteries 6310 The host articulates the irony of Ford partnering with CATL over LFP chemistry originally discovered in America. The guest elaborates on Goodenough's 1995 discovery and initial commercialization hurdles.
Commercial Strains and the Fisker Karma Battery Recall 5421 The host guides the timeline through Chrysler's leadership change and Fisker's downfall. The guest explains how market perception and fixed-cost factory economics amplified the impact of a modest manufacturing defect.
Bankruptcy, Chinese Acquisition, and National Security Blindspots 5510 The host establishes the political fallout of A123's bankruptcy, while the guest educates on the CFIUS clearance of Wanxiang's acquisition and the prevailing Washington mindset regarding battery technology.
Applying A123 Lessons to the Inflation Reduction Act Era 6531 The host cites concrete BNEF and Canary Media data on Chinese manufacturing dominance and IRA investments. The guest counters conventional assumptions about whether IRA funding alone can outmatch Chinese scale.

Statements from this episode (12)

Assertion Supported
Lacey: Obama-era EV and battery manufacturing targets failed to materialize
“Many of the promises from the Obama era, ah, a million EVs on the roads by 2015, ah, owning 40% of the world's battery manufacturing, creating a million new manufacturing jobs, they just didn't materialize as expected.”
Stephen Lacey Jun 14, 2023 ▶ 0:40
Assertion Supported
Lacey: Obama Administration Granted $249M to A123 Systems in 2009
“And as part of the 2009 economic stimulus package, it issued a two hundred and forty nine million dollar grant to an up and coming company with a novel cathode for lithium ion batteries.”
Stephen Lacey Jun 14, 2023 ▶ 2:50
Insight
Lacey: America Excels at Inventing Energy Technologies, Not Manufacturing Them
“A-one-two-three systems was supposed to represent the next generation of U.S. Manufacturing. Instead, it showed how America excels at inventing new energy technologies, but not building them.”
Stephen Lacey Jun 14, 2023 ▶ 5:44
Opinion
Coppola: Lack of Further Government Aid Was A123 Systems' Death Knell
“So I think the fact that the government did not step up further, yeah, I think it was the death knell. That was their last chance, and it didn't come through.”
Gabrielle Coppola Jun 14, 2023 ▶ 5:55
Assertion Supported
Lacey: LFP chemistry is dominant in Chinese lithium-ion battery production
“The technology that A-one-two-three systems pioneered, a lithium iron phosphate cathode, was not a failure. It is the dominant chemistry in lithium ion batteries coming out of China today.”
Stephen Lacey Jun 14, 2023 ▶ 6:33
Opinion
Coppola: US lost battery dominance due to lack of industrial policy
“It's sort of like this is the consequence of our lack of industrial policy. It's just this big symbolic reminder of how we just dropped the ball of how our system did not work, I don't think. You know, for, it didn't work in terms of long-term strategic bets o…”
Gabrielle Coppola Jun 14, 2023 ▶ 7:05
Insight
Coppola: Manufacturing requires massive upfront capital and volume unlike software
“Anyone who's, you know, familiar with manufacturing, you know, it's a lot tougher than like, oh, hey, I just wrote an app, and now I'm generating some revenue or something. You basically invest billions of dollars or hundreds of millions of dollars up front An…”
Gabrielle Coppola Jun 14, 2023 ▶ 9:15
Assertion Supported
Coppola: Marchionne tore up Chrysler's anchor battery deal with A123
“So he ended up That, like, basically ripping up the deal with, ah, A-one-two-three and picking, ah, Bosch. So basically A-one-two-three lost its anchor contract to make, ah, you know, hybrids or make electrified cars.”
Gabrielle Coppola Jun 14, 2023 ▶ 10:37
Assertion Supported
Coppola: LG and GM faced a $1.9B Chevy Bolt recall in 2021
“LG has been doing this for a very long time. They're one of the most established battery makers in the world. They had to do a 1.9 billion dollar recall on the Chevy Bolt with GM in 2021.”
Gabrielle Coppola Jun 14, 2023 ▶ 14:10
Assertion Supported
Ex-DNI Dennis Blair argued battery manufacturing lacked national security importance
“From Admiral Dennis Blair, who had been the former U.S. Director of National Intelligence under Obama, there's this amazing quote in his op-ed where he says, like, there are many things that the U.S., many technologies the U.S. Should seek to protect lithium-i…”
Gabrielle Coppola Jun 14, 2023 ▶ 16:34
Assertion Supported
Lacey: China accounts for 83% of global lithium-ion battery manufacturing
“So today, China accounts for 83% of all lithium-ion battery manufacturing, according to Bloomberg New Energy Finance.”
Stephen Lacey Jun 14, 2023 ▶ 17:20
Assertion Supported
Lacey: CHIPS and IRA spurred 100 clean energy facilities and $70B
“We've seen about a hundred new clean energy manufacturing facilities Facilities that have been announced or for build out or expansion. It's about seventy billion dollars of investment, according to Canary Media.”
Stephen Lacey Jun 14, 2023 ▶ 19:37
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