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Despite speedy and up to date development in U.S. onshoring, China currently controls more than eighty p.c of specified segments of your EV battery offer chain, particularly upstream nodes such as significant minerals mining, processing, and refining. Focus of vital minerals mining and refining ability in China leaves our offer chains vulnerable and our nationwide safety and cleanse Electrical power aims at risk. In an effort to boost U.S. and worldwide resiliency in these source chains, President Biden has invested throughout the U.S. battery offer chain to develop a adequate domestic industrial foundation.

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