Supply Chain Disruptions in the Energy Industry: Challenges with the Supply of Lithium-ion Batteries
With the push toward clean energy and increased demand for electric vehicles, manufacturers need batteries — specifically lithium-ion batteries — more than ever. Examples for transition to battery powered vehicles are everywhere:
➡️The United States Postal Service announced at least 40% of its Next Generation Delivery Vehicles and other commercial vehicles will be electric vehicles
➡️Amazon has begun using Rivian delivery vans in over a dozen cities
➡️Walmart executed an agreement to purchased 4,500 electric delivery vans.
With each of these conversions, the strain on the supply chain for batteries intensifies. Foley & Lardner LLP’s Elizabeth Nevle and Craig Dillard wrote an article that discusses the lithium-ion battery industry and the current supply chain issues affecting the production and future of these batteries.
