The Conundrum of the North American Lithium-Ion Battery Supply Chain
- Oct 22, 2020 4:01 pm GMT
Electricity unattached to the grid will power the technologies that shape the 21st Century. Unless and until fuel cells, green hydrogen and other electricity micro-generation technologies mature, advanced batteries, and in particular lithium-ion batteries, are likely to be the source of much of that power.
Where those batteries are made and who makes them matters. Ensuring adequate supplies of lithium-ion batteries will be an important national security issue. Lithium-ion batteries are also an important tool in the fight to reduce greenhouse gas emissions. But most importantly, lithium-ion batteries and the technologies they enable are likely to create substantial wealth and many jobs in the 21st Century. Nations around the world are already competing to see which can best capture this important economic development opportunity.
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