How much will lithium battery demand increase by 2030?

Global demand is expected to increase by more than 5x and U.S. demand by nearly 6x by 2030.2 Despite this massive growth in lithium battery demand, the United States is projected to remain highly import‐dependent.

What policy developments are affecting the lithium battery supply chain?

The past year has seen many policy developments with implications for the U.S. lithium battery supply chain. The most significant are two laws, the Infrastructure Investment and Jobs Act of 2021 (IIJA) and the Inflation Reduction Act of 2022 (IRA). The provisions of these two laws align with many of the recommendations made in this report.

Are lithium batteries a threat to US national and economic security?

The lack of a substantial lithium battery supply chain in the United States and the lack of secure access to energy materials pose serious threats to U.S. national and economic security.

Could a lithium supply chain boost national security?

Create a free account to share your thoughts. Booming U.S. demand for lithium could spur a domestic supply chain to fuel clean energy economic growth and boost national security.

Should a strong lithium battery supply chain be shared?

The costs and benefits of building a strong lithium battery supply chain should be shared across all groups in aggregate, though some projects may promote equity more than others. Cultivating competitive advantage is critical for U.S. industry to compete globally and reduce future need for government subsidies and/or policy intervention.

How much value will lithium batteries bring to the US?

Li-Bridge believes that by 2030 the United States can capture 60% of the economic value consumed by U.S. domestic demand for lithium batteries ($33 billion value‐added; 100,000 direct jobs5), up from the 30% domestic value-added most likely to result from doing business as usual.