Electric cars made it through one Donald Trump presidency. With market forces powering a broader shift, they’ll likely survive a second term. But if EV incentives disappear next year under Trump, what’s next for Tesla—especially since it’s been one of the biggest beneficiaries? There's no clear answer here, but we do have some insights from industry experts. Welcome back to Critical Materials, your daily round-up of news and events shaping up the world of electric vehicles.
60%: DOE Pushes A $475 Million Loan For A Battery Recycling Company The Biden administration is trying to get as many clean energy incentives as possible out the door before Trump takes office in January. The U.S. Department of Energy finalized a $475 million loan on Thursday to battery recycling company Li-Cycle. The company will use those funds to build a lithium-ion battery recovery facility in Rochester, New York.