AutomotiveBusiness & FinanceEnvironmentPolitics

Reuters first to report Biden looking abroad for electric vehicle metals, in blow to U.S. miners

Reuters broke the news that U.S. President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on processing them domestically into battery parts, part of a strategy designed to placate environmentalists. The plans will be a blow to U.S. miners who had hoped Biden would rely primarily on domestically sourced metals, as his campaign had signaled last autumn, to help fulfill his ambitions for a less carbon-intensive economy.

Article Tags
Topics of Interest: AutomotiveBusiness & FinanceEnvironmentPolitics
Type: Reuters Best
Sectors: Commodities & Energy
Regions: GlobalNorth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional StoryMajor Global Story
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