Recent years have seen unprecedented investment in battery and electric vehicle production capacity in the U.S., driven by Biden Administration policies and pressure to transition the auto industry away from CO2-spewing fossil fuels to clean electric powertrains. In fact, the White House tallies some $157 billion earmarked for battery and EV plants. But it’s an election year and if Biden doesn’t win a second term, and a demonstrably less climate friendly administration takes power in 2025, what happens to all that activity? Maybe not much. That’s because most of those investments, particularly for batteries and related materials, are pouring into red states.
Read Full Article »
