Interest In Electric Vehicles Is Growing, And So Is The Demand For Lithium

2024-12-25 23:49:05 source:lotradecoin advanced order types category:Finance

The Inflation Reduction Act signed into law by President Biden this year includes incentives for buying an electric vehicle, ideally to persuade people to ditch cars that run on gasoline and switch to EVs.

And as interest in electric vehicles grows, so is the demand for lithium - a key component of electric vehicle batteries.

One way to get more lithium is to open new mines — which could pose various environmental concerns.

But as NPR's Camila Domonoske reports, new mines aren't the only option.

In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.

Email us at [email protected].

This episode was produced by Brianna Scott. It was edited by Lisa Lambert and William Troop. Our executive producer is Sami Yenigun.

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