The Lever - The Hidden U.S.-China War

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On this week’s episode of Lever Time, David Sirota and Peter Goodman, The New York Times’ global economics correspondent, explore the pivotal role of Indonesia’s vast nickel reserve in the global electric vehicle (EV) revolution and the high-stakes geopolitical chess game the mineral has ignited.

The strategic tug-of-war between the U.S. and China over nickel — a crucial component for electric vehicle batteries — has implications for global trade dynamics and international alliances. If China dominates the EV supply chain, what does that mean for the U.S.’ electric vehicle ambitions? The conversation serves as a reminder of how formerly mundane resources like nickel will become embroiled in increasingly complicated geopolitical issues in a future reliant on clean energy. 

A transcript of this episode is available here.

Links:

• Peter Goodman’s article on the subject, “How Geopolitics Is Complicating the Move to Clean Energy.”

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