L R AS Published on Tuesday 5 April 2022 - n° 400 - Categories:US policy, storage area

American dependence on batteries

According to the Wall Street Journal, the US government has become aware of America's dependence on batteries for electric vehicles. It plans to use the Production and Defense Act to stimulate domestic production.

and reduce dependence on imports from China and South Korea. It will support the production and processing of minerals and materials used in high-capacity batteries, such as lithium, nickel, cobalt, graphite and manganese. It intends to launch a clean energy industry.

For the moment, the United States does not have a national battery supply chain. The current supply of batteries is controlled by Chinese and South Korean suppliers, notably CATL and LGES. Toyota and VinFast both begin battery production in North Carolina

https://www.digitimes.com/news/a20220401VL202.html?chid=13

Digitimes April1, 2022

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