Autoline This Week #2527 - Can The U.S. Compete With China?
Nov 15, 2021 ·
26m 46s
Automakers are heavily investing in EVs. The Biden Administration wants 50% of all new cars to be electric by 2030. Yet, the US depends on China for 80% of the...
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Automakers are heavily investing in EVs. The Biden Administration wants 50% of all new cars to be electric by 2030. Yet, the US depends on China for 80% of the raw materials needed to make EVs. It’s a matter of national security. How should the US respond? John Bozzella, president and CEO of the Alliance for Automotive Innovation, argues that what’s needed is a comprehensive national industrial strategy.
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