Thomas J. Madison writes on the importance of the United States establishing a domestic EV supply chain in RealClearEnergy.
- As more auto manufacturers transition to electric vehicles, America will need to bolster its supply chain for rare earth minerals.
- The demand for lithium alone is expected to increase 100-fold by 2050 which could lead to a battery shortage throughout this decade.
- Companies including GM and Redwood Materials are advancing innovative solutions to improve America’s supply of rare earth metals.
- The government should lessen restrictions that hurt domestic mining of these minerals to bolster clean energy and economic prosperity.
Read the full article here.