Tesla Faces Tariffs Amid Evolving Graphite Supply Chain Dynamics
The ongoing shifts in the global supply chain landscape have once again made headlines as the U.S. government considers new tariffs on certain graphite imports, essential for electric vehicle batteries. This development could significantly impact manufacturers like Tesla, a key player in the electric vehicle market.
Continue readingUS Graphite Companies Push for 920% Tariff on Chinese Imports to Protect EV Material Supply
In a significant move to safeguard the domestic electric vehicle (EV) industry, American graphite manufacturers are advocating for a staggering 920% tariff on imported graphite from China. This initiative aims to counteract the monopolization of crucial battery materials and maintain a competitive edge for U.S. companies engaged in the EV market. The steep duty recommendation is rooted in the escalating concerns over supply chain vulnerabilities and nationwide reliance on foreign graphite resources, particularly those originating from China.
Continue readingNouveau Monde Graphite Secures $50 Million Funding for Construction Enhancements
Nouveau Monde Graphite has successfully secured a significant financial boost amounting to $50 million aimed at funding the construction of its advanced graphite production facility in Quebec, Canada. This investment marks a pivotal moment for the company as it pushes forward into the next phase of its expansion, paving the way for higher production capacity and a stronger market presence.
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