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ESG Guidepost | Issue 11 | Katten Muchin Rosenman LLP

Updates on EV Tax Credits | Katten Muchin Rosenman LLP

Lithium Americas Stock (NYSE:LAC): Positioned to Profit from an EV Boom

As global EV sales continue their ascent, the American market has demonstrated some aversion to our electrified future. Still, stateside adoption is slowly but steadily growing, and Lithium Americas (NYSE:LAC) (TSE:LAC) finds itself in a unique position to profit from the expanding North American EV battery supply chain. Despite its one-year loss of 60%, I am bullish on the stock. In 2022, the price of battery-grade lithium carbonate, which is measured in Chinese Yuan, reached its all-time high

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