Electra Battery Materials Corp V.ELBM

Unite the power of private industry with a national strategy

[DoekeGouda]

Important from another forum: Talon Metals

John Bozzella, President of the Alliance for Automotive Innovation, agreed that China could effectively seize control of vital supply chains by seizing industrial prominence in EV and AV technologies, thus pushing the United States out of access to vital technologies.

“The countries that really take the lead in developing cutting edge innovative technologies in the auto sector are going to control the supply chains, set the standards, set the running rules, and really own global markets,” Bozzella said.

“With regard to EVs, you see the U.S. industry already behind China because we’re competing with a national effort,” Bozzella added.

With that in mind, Bozzella suggested that the United States would need to better unite the powers of its private industry with a national strategy, and work to develop the utilities and infrastructure needed to transition its industrial base to produce EV and AV technologies.

“The China story does suggest that this private sector leadership ought to be supported by a national strategy,” Bozzella said.

“We are competing with the Chinese government, not the Chinese auto manufacturers.”

[Silverad0]

One part of this auto revolution that is not being addressed is the availability of electrical power in the grid to power up all of the charging stations being installed all over North America.  We will need more electrical generation very soon or all of these electric cars will be sitting roadside like a new generation of F-O-R-D's.  Solar and wind isnt even going to put a dent in

[WernHerr]

Silverad0@ What is currently being “reflected on” are, so to speak, logical developments in the overall market that have nothing specifically to do with ELBM. However, such are in the nature of the financial markets and are sometimes also a necessary evil. If the markets continue to crash, and that happens again and again, everyone is challenged. I don't want to go into detail about the

[Silverad0]

Gee WernHerr thanks for not going into detail. To your point about the effort to increase electrical production, well it ain't happening. In fact I would say the environ- mental wokies have it going the other way. As for India and China when we close our production in North America and move it to Asia to avoid pollution standards, excuse me, ENVIRONMENTAL standards, employment standards and