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Solid State Oxygen Fuel Cell Market is set to Experience a Revolutionary growth by 2025 | Aisin Seiki, Bloom Energy, Convion Fuel Cell Systems, Ceres Power Holdings – KSU
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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments
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Batteries, Not Engines, Driving Auto Industry Now
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BMW i Ventures announces new $300 million fund to invest in sustainable technology – TechCrunch
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In EV era, batteries are the new oil
Illustration: Sarah Grillo/Axios
At the very moment the United States is ramping up electric vehicle development manufacturers are running up against the weakest link in the supply chain a shortage of battery materials.
Why it matters: The bottleneck puts the United States at a major disadvantage to China, which controls most of the world s battery minerals mining and processing.
Without further action, the U.S. risks becoming as dependent on imported batteries as it was on foreign oil or repeating mistakes of the past with solar panels or smartphones which are now made primarily overseas.