Lack of Industrial Policy Undermines the U.S.’ Ability to Compete with China on EV Batteries

Lack of industrial policy in the U.S. hinders its ability to compete with China in electric vehicle batteries. China's centralized government funding and lack of IP ownership and rule of law give it an advantage. Outsourcing and IP theft have also contributed to China's lead. To compete, the U.S. needs to prioritize R&D, protect intellectual property, increase awareness, and reaffirm competitive values.

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