Raw Materials Supply Present A Challenge In Meeting EPA Targets

The Environmental Protection Agency (EPA) has proposed a new set of historically strict tailpipe emissions standards which would provide a massive boost to electric vehicle (EV) sales in coming months and years. The new proposed standards, which were introduced last week, would require that more than half and at least two-thirds of vehicle sales will need to be EVs by just 2032 – less than a decade from now.  This is a massive shift; last year, EVs made up just 5.8 percent of the total auto market in the United States. While it’s…