A purchasing consortium may be underway for critical electric battery resources in the US
🔋 A purchasing consortium may be underway for critical electric battery resources in the US.
By pooling their purchasing power, companies can negotiate better prices for critical resources used in electric batteries. This can help reduce the cost of electric vehicles and make them more affordable for consumers. The US relies heavily on imports for critical resources used in electric batteries, such as lithium, cobalt, and nickel. A purchasing consortium can help ensure a secure and reliable supply of these resources, which is critical for the development of a domestic electric vehicle industry. Overall, a purchasing consortium for critical resources for electric batteries can help support the growth of the electric vehicle industry in the US by reducing costs, ensuring a secure supply of critical resources, and promoting environmental responsibility.
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