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Why Now

Battery Manufacturing Going Domestic

Sourcing Critical Energy Elements from a Competitor is unwise

Sourcing Critical Energy Elements from a Competitor is unwise

There are at least 13 major battery cell factories (and a number of smaller ones) launching operations in the USA by 2025, they will need LFP, graphite and other critical battery materials - currently not available in the USA (nor really available from Free Trade* partner countries).

Sourcing Critical Energy Elements from a Competitor is unwise

Sourcing Critical Energy Elements from a Competitor is unwise

Sourcing Critical Energy Elements from a Competitor is unwise

Today's conflict with Russia has demonstrated how dangerous it is to rely on possibly un-friendly sources - as the EU is learning now and the USA learned when OPEC was first formed .

China is the largest maker of EV's in the world, and wants to compete with US brands.

Significant Funding for Investment in a Domestic Supply Chain

Sourcing Critical Energy Elements from a Competitor is unwise

Significant Funding for Investment in a Domestic Supply Chain

Battery materials funding has been "front & center" in both the 2021 Infrastructure, and the recent IRA bills.  Billions of dollars in grants and loans are being invested directly - and future EV tax credits will only benefit US made models that use USA or FT* country sourcing.

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