this post was submitted on 03 Dec 2023
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US moves to choke China’s role in electric vehicle supply chain (www.ft.com)
submitted 11 months ago by [email protected] to c/[email protected]
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US moves to choke China’s role in electric vehicle supply chain::Strict new IRA tax credit rules aim to boost domestic industry but could slow transition from petrol

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[–] [email protected] 16 points 11 months ago (1 children)

As well as dominating EV and battery production, China processes more than half of the world’s lithium, cobalt and graphite, which are crucial inputs.

🤣 Looking at those charts, the US is fucked. Why wouldn't you use this as an opportunity to accelerate trade and cooperation based on a greener future? As hard as that sounds don't we want our politicians to do the hard graft and negotiation that is necessary?

But if course not, let's do Cold War 2 EV Boogaloo instead.