Baystreet.ca - Biden Administration Just Announced Plans to Strengthen the Lithium Supply Chain
Biden Administration Just Announced Plans to Strengthen the Lithium Supply Chain The Biden Administration just announced new steps to strengthen critical U.S. supply chains, which will include large capacity lithium batteries. In fact, according to CNBC, “The Department of Energy is aiming to release a 10-year plan to develop a domestic lithium battery supply chain capable of producing the batteries that power electric vehicles. The agency’s Advanced Technology Vehicles Manufacturing Loan Program will distribute $17 billion in an effort to support new research and manufacturing...