Trump Is Spending Billions On The Minerals That Power EVs
4 Articles
4 Articles
Trump Is Spending Billions On The Minerals That Power EVs
For years, U.S. President Donald Trump has openly displayed his disdain for the clean energy and electric vehicle sectors. In the early days of his second term, Trump stalled funding for EV charging infrastructure while pushing fossil fuels. In July 2025, the GOP-sponsored One Big Beautiful Bill Act (OBBBA) rolled back EV incentives from the Inflation Reduction Act, terminating the $7,500 new and $4,000 used EV tax credits in September 2025, and…
The plan seeks to secure supply chains against China and, while prioritizing the rare earths, gives a strategic boost to the development of lithium and copper in the country. The United States announced a $3 billion investment package to strengthen the supply chain of critical minerals and reduce its dependence on China in industrial and defense inputs. Donald Trump’s administration’s bill includes $1.4 billion for component manufacturers such a…
CHOCHILINO Trump Is Spending Billions On The Minerals That Power EVs %
By Alex Kimani – Aug 13, 2026, 7:00 PM CDT Trump is pouring $3 billion into U.S. critical minerals, aiming to reduce dependence on China and strengthen domestic defense and technology supply chains. The investment could inadvertently boost EVs and clean energy, as EVs are a major source of demand for lithium, cobalt, nickel, graphite and other critical minerals. Major projects are already benefiting, including Sila’s $1.4 billion battery materi…
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