The U.S. is facing a lithium-ion battery shortage with EV growth

ANASTASIA ZYG


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.



Source link

Next Post

Netflix strikes deal for streaming rights to Sony films

Spider-Man (Tom Holland) meets with Mysterio (Jake Gyllenhaal) in Sony’s “Spider-Man: Far From Home.” Sony Starting next year, all movies released by Sony Pictures will stream exclusively on Netflix after their theatrical and home entertainment releases. The deal, which was announced Thursday, includes films like “Morbius,” “Uncharted,” and “Bullet Train.” […]
Netflix strikes deal for streaming rights to Sony films

Subscribe US Now