The U.S. is facing a lithium-ion battery shortage as electric vehicle production ramps up

Energy News

In this article

As automakers continue to grapple with a semiconductor shortage, some experts say the next supply chain crisis for the U.S. could involve lithium-ion batteries.

As companies like GM, Ford and a slew of start-ups ramp up their electric vehicle ambitions, current battery production in the U.S. won’t be able to keep up with demand.

Though the U.S. has a handful of large-scale battery manufacturing facilities, including Tesla‘s Gigafactory that operates in partnership with Panasonic, a trade dispute between two Korean battery makers, LG Chem and SK Innovation, threatens the future of a new battery factory in Georgia.

Watch the video to learn why the U.S. has fallen behind China and Europe, and what needs to happen in order to avoid a bottleneck in EV production.

Products You May Like

Articles You May Like

Neuralink Show & Tell Fall 2022 News Roundup [Live Coverage]
Tesla Semi First Delivery News Roundup [Live Coverage]
VinFast poised for IPO ahead of global mid- and full-size electric SUV deliveries
W&T Offshore Makes Management Changes
With crude prices rising but the energy sector down, we’re buying this oil stock into weakness

Leave a Reply

Your email address will not be published. Required fields are marked *