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Biden looks to charge up US battery sector

From ihsmarkit.com

The Biden administration released a battleplan for strengthening the US lithium-ion battery industry 8 June, taking another step forward in support of its decarbonization and electrification targets. At the same time, it promised a task force to tackle related supply chain issues, and warned it is considering tariffs on imports of at least one key electrification component. Spurred by Executive Order 14017, and a 100-day deadline for the reviews demanded, the National Blueprint for Lithium Batteries aims to transform US capabilities in the storage and electric vehicle battery sector, create jobs, and pare back ... (full story)

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  • Category: Fundamental Analysis