Electric vehicle supply chains owned mostly by China jeopardize US energy transition, says Baker Institute report


Source: rice.edu rice.edu

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HOUSTON – (April 20, 2020) – The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says Michelle Michot Foss , fellow in energy and materials at the Baker Institute. “From our case study and supporting analysis, it is becoming increasingly clear that China...