A spoonful of gray graphite powder that's used in EV batteries.
Graphite powder used in EV batteries.
  • Biden raised tariffs on China's green tech, but spared graphite for two years.
  • China dominates global graphite supply, which is vital for EV batteries.
  • Sila CEO said the delay harms investment in the US battery supply chain.

President Joe Biden this week hiked tariffs on China's massive green-tech sector, which includes electric vehicles, batteries, solar cells, and certain critical minerals, touting them as a way to protect American workers.