North American lithium power storage projects

The U.S. government must take actions to enhance the expected returns on financial investments in U.S.‐based lithium battery supply chain‐related projects (e.g., battery materials, components, cells, or manufacturing equipment) and reduce the perception of demand uncertainty in the U.S. battery market.

To protect U.S. security and critical interests on several fronts, the U.S. government must act immediately to support the timely development of a North American lithium battery supply chain based on U.S. know-how and free from the threat of foreign supply constraints. III. The Li-Bridge Initiative

A sustained and robust lithium (Li) supply is essential for the mass deployment of low-carbon technologies that use Li-ion batteries, such as electric vehicles (EVs) and energy storage systems.

Li-Bridge does not believe the U.S. can achieve complete lithium battery supply chain independence by 2030. But Li-Bridge does believe that U.S. industry can capture a majority of the value of lithium battery cells consumed domestically. □ Cell Manufacturing.

The United States relies (and, without intervention, will continue to rely) on a global lithium battery supply chain that is highly vulnerable to disruption, as seen in Figure 1. Two issues account for this vulnerability. First, global manufacturing capacity for batteries and battery materials is highly concentrated.

Building a robust and sustainable lithium battery supply chain across the United States and its allies will require effort from multiple state, local and federal government agencies as well as private industry. Many of those efforts are already underway.