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Biden Energy Secretary: Hit Reverse On EV Investments And China Wins The Race

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Biden Energy Secretary: Hit Reverse On EV Investments And China Wins The Race

13 Jan 2025  |  Abstracted from Fortune

"...China has a formidable head start in the EV race. They saw the writing on the wall early, and got to work building the supply chains, the manufacturing capacity, the charging infrastructure -and yes, the consumer incentives...

"...America is on track to produce 21 times more lithium by the end of this decade - slashing China's market dominance in half - and 18 times more battery cells." - US Energy Secretary Jennifer Granholm

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