Biden’s Electric-Vehicle Push Hits a Speed Bump
Updated Nov. 21, 2023 11:19 am ET
America’s transition to electrical automobiles is working into an sudden snarl.
A shocking crash in costs for lithium, cobalt and different metals utilized in EV batteries is hitting mining firms, that are suspending or delaying new tasks and expansions. The disruptions are threatening to deepen shortages of these supplies in coming years and hit the brakes on the Biden administration’s timeline for weaning the nation off gas-powered automobiles.
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