China's Battery Dominance Threatens The Future Of Electric Vehicles

China controls the mining and manufacturing of lithium-ion batteries that power electric vehicles.
Whoever dominates batteries will lead the electric vehicle market, create new jobs, and enable a transition to renewable energy.
China aims to control key battery materials and build massive battery factories.
The U.S. needs to invest in the entire battery supply chain to compete, starting with its large lithium reserves.
Until the U.S. develops its own battery supply, auto companies depend on China to meet their ambitious electric vehicle goals.