In its rush to secure and build America’s electric vehicle and battery-supply chains, the US government is reaching far and wide, splashing out billions in commitments. But the desperation is leading it astray.
Last week, the State Department quietly released a Memorandum of Understanding it signed in December to support a commitment between the Democratic Republic of Congo, or the DRC, and Zambia to build a “productive supply chain, from mine to assembly line.” The agreement, in theory, is meant to drive investment and ensure the private sector has a “level playing field” in projects.