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Transcripts For DW Business - News 20221020

Of face of mafia all over the world. Environmentalists are in danger. The enemy, ruthless corporations corrupted Government Agencies and criminal cartels. With some of this in the design and it targeted environmentalists in danger. Starts october 29th on d. W. A big money for a big transition. The United States is spending almost 3000000000. 00 to boost battery production for electric vehicles. Well take a look at what europe aimed to do to be less relied on critical Raw Materials coming from china and russia also coming up. Chinese dominance on the Solar Photovoltaic market is something that an International Alliance wants to change. Well get a word from our correspondent on how im chris kolber is welcome to the program. Electric mobility is to do the trick keeping us going without destroying our climate. Now you as President Joe Biden has unveiled his strategy to boost battery production for electric vehicles, announcing 2800000000. 00 in grants. To 20 companies for projects, extract

Transcripts For DW Business - News 20221020

Since Industrial Revolution mass not i per believe. Thats a fact. Were also confronting it head on with American Ingenuity and american jobs. Years president ial vine speaking there and on germany is fully underway, amid its own transition to wards electric mobility and having sufficient supplies of Critical Materials like lithium is key, nearly found reserves within the country could now help break a so far heavy dependence on foreign suppliers. Lou here, the so called white gold and the Green Energy Transition lies dormant. Large amounts of lithium are needed for batteries to power e cars. But lithium can be found in the hot thermal water of the upper rine river, 4000 meters under ground. The German Branch of australias Vulcan Energy resources wants to extract the lithium from the thermal waters in an environmentally friendly way. In a lab in karlsruhe, the team has developed a process to hopefully extract the lithium on an industrial scale. Now since my father, in the 1st 2 faces, w

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