The United States is squandering its best opportunity to compete in the global battery race. China jumped to a commanding lead in the last decade, con

How the United States Can Win the Battery Race

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2024-10-22 20:00:04

The United States is squandering its best opportunity to compete in the global battery race. China jumped to a commanding lead in the last decade, controlling the supply chain for lithium-ion batteries, which power everything from cell phones, to military drones, to electric vehicles (EVs). By passing ambitious legislation under U.S. President Joe Biden, Washington has begun investing heavily in its domestic battery industry.

But even significant funding won’t get the job done if it isn’t directed at the right target: securing U.S. supremacy in next-generation technology, solid-state batteries. U.S. companies and research institutions are on the cusp of commercializing next-generation batteries that far surpass the performance of today’s lithium-ion batteries in safety, longevity, and energy density. And with scaled-up production, these batteries would eliminate dependence on Chinese-produced graphite.

The United States is squandering its best opportunity to compete in the global battery race. China jumped to a commanding lead in the last decade, controlling the supply chain for lithium-ion batteries, which power everything from cell phones, to military drones, to electric vehicles (EVs). By passing ambitious legislation under U.S. President Joe Biden, Washington has begun investing heavily in its domestic battery industry.

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