Officials, automakers aim to produce more electric vehicle batteries in US: report
Government officials will be meeting with automakers and lithium mining companies in May to discuss ways to increase U.S. production of batteries for electric vehicles, Reuters reported Friday.
China remains the dominant force in the supply chain for electric vehicles, producing nearly two-thirds of the world’s lithium batteries. The U.S. produces just 5 percent, leaving American auto manufacturers increasingly reliant on imports.
{mosads}U.S. imports of lithium have nearly doubled since 2014, and government officials are now looking for ways to fast-track battery production.
Sens. Lisa Murkowski (R-Alaska) and John Hoeven (R-N.D.), both members of the Senate Energy and Natural Resources Committee, and officials from the departments of State, Energy, and the Interior as well as the U.S. Geological Survey have been invited to attend the meetings.
Murkowski, the chair of the committee, plans to introduce legislation to ease the permitting process for lithium mining, further government studies of U.S. mineral supplies, and encourage mineral recycling, according to Reuters.
“We need to find ways to more efficiently develop our nation’s domestic critical mineral supply because these resources are vital to both our national security and our economy,” Hoeven said in a statement to Reuters.
The one-day meeting will include workshops focused on financing and permitting obstacles and one-on-one afternoon meetings between regulators and industry executives, Reuters reported.
Updated at 3:31 p.m.
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