"While new funding and task forces are encouraging, headlines alone will not secure America's position. The real challenge, and opportunity, lies in building lasting capacity. At General Motors, we have taken concrete steps, partnering with MP Materials to rebuild the domestic mine-to-magnet supply chain for rare earths and investing in Lithium Americas' Nevada project. Our collaboration with GlobalFoundries to produce semiconductors domestically means we are turning ideas into action."
"These efforts support everything from the cars, trucks and SUVs we produce to renewable energy solutions, robotics and AI data centers. The pandemic revealed supply chain vulnerabilities, making robust, reliable solutions more essential than ever. Launching projects is just a start but scaling them is the real test. Challenges persist: financing often comes in waves, permitting is usually sequential, and long-term agreements may not be sufficient for large-scale buildouts. Infrastructure such as power, water, and transmission can lag construction, and workforce development may fall short"
"First, we must commit to bankable volume. Supply chains depend on solid, multi-year purchase agreements tied to actual product programs rather than just announcements. GM is aligning its investments and agreements to support domestic content at industrial scale, with nearly 90,000 U.S. employees and more than $60 billion invested since 2020. Partnering across industries such as grid storage, electronics, and defens"
U.S. global competitiveness hinges on building lasting domestic capacity in supply chains and critical minerals to deliver reliable, high-quality materials at scale. General Motors has partnered with MP Materials to rebuild a mine-to-magnet rare-earth supply chain, invested in Lithium Americas' Nevada project, and worked with GlobalFoundries to produce semiconductors domestically. The pandemic exposed vulnerabilities that make robust, scalable supply solutions essential. Scaling faces financing cycles, sequential permitting, infrastructure shortfalls in power, water, and transmission, and workforce gaps. Supply chain scaling requires bankable, multi-year purchase agreements tied to real product programs and coordinated, forward-looking policy support.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]