By Shane Lasley
Metal Tech News 

$174 billion EV plan lacks critical minerals fix

American Jobs Plan relies on China to overtake China in EV race Metal Tech News – May 19, 2021

 

Last updated 7/10/2022 at 3:18pm

EV electric vehicles critical minerals President Joe Biden China import

Adobe Stock

President Joe Biden's $174 million plan includes incentives to encourage Americans to acquire electric vehicles and $15 billion of investments in EV charging infrastructure in the U.S.

From $15 billion to bolster clean energy research to incentives aimed at encouraging Americans to buy electric vehicles, the Biden administration's proposed $174 billion investment in the United States EV industry is a once-in-a-generation strategy that is missing a key piece – a plan to secure the minerals needed to manufacture these vehicles and the batteries that go in them.

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