Saturday, November 05, 2022 5:18:03 PM
https://gizmodo.com/graphite-shortage-electric-vehicles-1849744517
Graphite is a crucial component of electric vehicle batteries, used to make the anode—the part of the battery that releases electrons. When compared with other minerals used to make other parts of the battery, graphite is the single largest mineral component in a battery by weight.
By 2028, only EVs made with minerals mined or processed in the U.S. or in countries with a trade agreement with the U.S. will be eligible for those credits. Chinese graphite does not fit that criteria; the U.S. clearly needs to find new sources of graphite, and soon.
So a trade agreement would be something to have...does one or will one exist..maybe
Some Sri Lankan exports to the United States qualify for duty free privileges under the U.S. Generalized System of Preferences (GSP) program, which offers preferential duty-free treatment for up to 5,000 products (apparel products are excluded) from designated beneficiary countries. The United States-Sri Lanka bilateral Trade and Investment Framework Agreement (TIFA) provides a framework for the two governments to discuss and resolve trade and investment issues at an early stage. The most recent TIFA discussions occurred in June 2019.
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