Advanced Energy Perspectives

In the 1920s the United States dominated the automobile market, led by Henry Ford and the Ford Motor Co. Before that, cars were difficult to make and expensive to buy. But thanks to Ford’s Model T and (then) newfangled assembly line production, the demand for cars became overwhelming, driving production into high gear, putting Americans to work with higher wages, and lowering the cost of these vehicles. This phenomenon occurs with most new technologies, from the desktop computer to the toaster. So, it is no surprise that we see the same phenomenon happening with electric vehicles (EVs) nearly 100 years later. Question is: Is the U.S. prepared to dominate the EV market the way it did in Henry Ford’s time?

As the United States transitions toward advanced energy and transportation, the nation (and indeed the world) will witness exponential growth in demand for energy storage. Lithium-ion batteries are key to this development, accounting for more than 99% of electric vehicle (EV) batteries and 90% of utility-scale storage in 2021. China currently dominates nearly every aspect of the lithium-ion supply chain, enjoying the ensuing economic and strategic advantages that come with it. For the U.S. to upend this dynamic and build a domestic storage industry, the first step is understanding the battery supply chain and identifying opportunities for disruption, from responsible sourcing and recycling of materials to support for domestic manufacturing. There is no time to lose.

Today, the United States faces a period of economic anxiety brought about by widening inequality, globalization, and technological transformation, made all the more acute by a global pandemic. This anxiety has heightened political appeals to prioritize domestic industry, combat economic adversaries, and protect American jobs. The advanced energy industry is uniquely positioned to help address this anxiety by creating middle-class jobs throughout the United States in a sector that’s poised for sustained and accelerating growth as the global economy transitions to clean, reliable, affordable resources. But it will take policy leadership to make the United States the arsenal of advanced energy prosperity. Here’s how.

When most people think about electric cars and California, they think about Tesla. The buzzy automaker was the first all-electric vehicle (EV) company to reach mass production. Having grown significantly over the past decade, the company now employs over 30,000 workers in California between the solar-storage-EV company’s corporate headquarters in Palo Alto and EV assembly factory in Fremont. But there’s a quieter yet equally important story of EV industry growth unfolding in nearly every corner of the state.

A few weeks ago, the Biden administration unveiled a $2 trillion plan to overhaul U.S. infrastructure. The American Jobs Plan included $174 billion for vehicle electrification to expedite the transportation industry’s shift away from fossil fuels. This funding targets the production of not only vehicles, but battery technologies, component parts, and raw materials used across the entire electric vehicle supply chain. That’s because electric vehicles (EVs) are different – and therein lies an opportunity for businesses, workers, and entire states to join the U.S. auto industry as transportation goes electric. One of those states is Illinois, where see the beginning of an electric transportation (ET) industry already in place, and poised to grow.