Stimulating America's Laggard Electric Car Battery Business
NEW YORK -- There's a saying as the nation pushes for cleaner electric cars: The United States will end up trading dependence on Saudi oil for dependence on Asian batteries.
Most of the big players in advanced batteries - the ones used to power the cars of tomorrow - are from Japan, South Korea or China.
America's battery industry is in need of a shock. Enter Stimulus.
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