Are EV Dreams a Nightmare?

This week, Ford announced plans to pause production on an electric vehicle battery assembly plant in Michigan. This was due to political pushback stemming from the realization that Ford was going to license the necessary technology from the Chinese firm CATL. However, given how far behind the US is in EV battery technology and supply-chain sourcing, is it realistic to imagine the Big Three expanding its EV production without technical assistance from China?

In this week’s Trading Perspectives, Sam and John discuss the current state of the EV market in the United States and what changes the Big Three have to make in order to compete without help from the Chinese.