G-7 Leaders Looking Beyond Oil to Electric Cars

The G7 leaders are meeting in Cornwall, UK, to discuss plans for increasing electric vehicle (EV) sales and decarbonizing the transport sector by 2030. Europe leads in EV adoption, while the US lags behind. The Biden administration aims to boost EV sales through tighter fuel standards and subsidies. Despite supply chain issues, investments in battery manufacturing are expected to meet future demand.

How does the EV sales share in North America compare to Europe and China?

What is the outlook for battery manufacturing supply chain in the United States?