New CPA Policy Paper Warns U.S. Falling Behind in EV Batteries Race

WASHINGTON — The Coalition for a Prosperous America today published a new CPA Policy Paper titled, “U.S. Challenges in EV Battery Production,” that finds the U.S. lags behind the two other major world automotive powers, China and the European Union region, in electric vehicle (EV) battery production. Although U.S. EV battery production is rising, it…

U.S. Challenges in EV Battery Production

By Amanda Mayoral   The U.S. is lagging behind China and the European Union in production of lithium-ion batteries for electric vehicles. Forecasts show the U.S. will fall further behind China by 2025 and remain dependent on imports for more than half of its EV battery needs. This CPA Policy Paper by CPA Economist Amanda…