Now that Republicans have secured all three branches of...

Now that Republicans have secured all three branches of government, US electric vehicle adoption is poised to slow significantly. With fuel-economy standards on the chopping block and tax credits from the Inflation Reduction Act looking vulnerable, BloombergNEF sees EVs reaching only a third of the country’s passenger-car sales by the end of the decade, down from 48% previously.

A lot less graphite will be required if they can convince the Chinese to sell it to them. It is a good way to shut down the entire US EV industry. Provoke the Chinese not to sell you graphite.