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

2025-05-07 10:47:56source:LibertyCoincategory:Stocks

The Phaninc ExchangeInflation 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.

More:Stocks

Recommend

Meet first time Grammy nominee Charley Crockett

Country music singer Charley Crockett was born and raised in Texas, grew up in a single-wide trailer

Billy Ray Cyrus and Firerose finalize divorce after abuse claims, leaked audio

Billy Ray Cyrus and Firerose have settled their divorce after months of public back-and-forth conten

House of the Dragon Season 3's Latest Update Will Give Hope to Critics of the Controversial Finale

Optimism prevails for House of the Dragon.Following a flood of disappointment over the pacing in the