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US releases signed MOU with Congo and Zambia to strengthen EV battery value chain

Green Car Congress

JANUARY 20, 2023

Through this MOU, the United States will support the commitment between the Democratic Republic of Congo (DRC) and Zambia to develop jointly a supply chain for electric vehicle batteries. Zambia is the world’s sixth-largest copper producer, and the second largest cobalt producer in Africa.

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Zambia Congo Africa Batteries 210
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

NOVEMBER 29, 2021

Capital cost to build a 10k metric-ton battery precursor plant. If approached correctly, African countries can capitalize on their abundant natural resources, growing demand for vehicles and rapid urbanization to build a global hub to produce electric vehicles. This is three times cheaper than what a similar plant in the US would cost.

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Africa Supplies Emissions Poland 221
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