Energy Evolution

Battery metals wanted: The US' race to decarbonize (part 1)


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Amid global efforts to decarbonize, US President Joe Biden's administration has set an ambitious goal to have 50% of all new vehicle sales in the US be electric by the end of this decade. However, making this shift will be heavily reliant on securing supply of battery metals. As countries around the globe are racing to electrify, Latin America, with its rich mineral reserves, is set to play a critical role.

In the first episode of this special two-part series, S&P Global news and analytics experts Jared Anderson, Justine Coyne, Adriana Carvalho and Jay Hwang discuss the state of lithium and battery metals supply and pricing, power pricing impacts, and the outlook for the US reaching its goals.

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