Promote the development of electric vehicle supply chain-USA

Promote the development of electric vehicle supply chain-USA

Summary

Senators from both parties have backed legislation to curb China's dominance in metals and battery production.On May 14, local time, us lawmakers took another step towards formulating a policy on the supply chain of electric vehicles, foreign media reported.

Senators from both parties have backed legislation to curb China's dominance in metals and battery production.On May 14, local time, us lawmakers took another step towards formulating a policy on the supply chain of electric vehicles, foreign media reported.
The senate energy and natural resources committee held a hearing on the minerals safety act, which would help simplify regulatory and licensing requirements for the development of lithium, graphite and other minerals and elements for electric vehicles.The pending legislation would require a tally of us metal reserves and seek to streamline licensing processes for the electric car industry.China is already way ahead in electric cars.