Argonne National Laboratory reports on its plan to double annual lithium battery revenues in the United States.
- Li-Bridge is a public-private partnership with Argonne National Laboratory that aims to increase the domestic supply chain of lithium-ion.
- Li-Bridge states that the U.S. will not be able to reach complete lithium-ion battery supply chain independence by 2030, but it estimates that the country can capture 60% of the economic value consumed by domestic demand for lithium batteries by that year, generating $33 billion in revenues and creating 100,000 jobs.
- Companies like General Motors have begun to partner with lithium mines in Argentina to meet demand for batteries.
- Lawmakers can ease supply chain burdens by establishing a more efficient regulatory process to open mining and battery recycling operations in the United States.