VW US chief warns of industry challenges with EV battery shift

WASHINGTON: Volkswagen AG's top US executive said on Thursday the United States faces major challenges in ramping up battery production to facilitate a shift to electric vehicles including attracting skilled workers, mining for key metals and supply chain issues.

These challenges include attracting enough skilled workers, dramatically boosting and facilitating U.S. mining for critical minerals to produce the lithium batteries for EVs, supply chain issues and more broadly addressing healthcare, education and infrastructure, Keogh said. President Joe Biden has set a goal of 50 per cent of new-vehicle sales being electric or plug-in electric by 2030, but has not endorsed phasing out gasoline-powered vehicle sales by any specific date.

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