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

Green Car Congress

JANUARY 20, 2023

The US Department of State released the signed Memorandum of Understanding (MOU) on electric vehicle battery value chains signed by the United States on 13 December 2022, during the Africa Leaders Summit. 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

Electric vehicles represent a $7 trillion market opportunity between today and 2030, and $46 trillion between today and 2050, according to the new report, “ The Cost of Producing Battery Precursors in the DRC ”, launched at the DRC-Africa Business Forum 2021. 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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