Jigar Shah

We're now on track to fully meeting our lithium needs by either the end of this decade or the early part of the next decade.

We're now on track to fully meeting our lithium needs by either the end of this decade or the early part of the next decade.

And it's next generation technology. So we're not just taking stuff that's already being done and deploying it here. This is all next generation technology. And that we have proprietary access to because we invented it here at the U.S. Department of Energy and at the National Labs. And we're going to make sure that we scale that up here.

And it's next generation technology. So we're not just taking stuff that's already being done and deploying it here. This is all next generation technology. And that we have proprietary access to because we invented it here at the U.S. Department of Energy and at the National Labs. And we're going to make sure that we scale that up here.

I think people just don't understand that we're not competing with China. What we're saying is that there's a number of technologies that are the next generation beyond what China is doing now.

I think people just don't understand that we're not competing with China. What we're saying is that there's a number of technologies that are the next generation beyond what China is doing now.

And so when you look at the next generation anode and cathode materials, the next generation battery separator materials, all of that stuff is things that came out of the loan programs office and or, you know, some of the other offices within the Undersecretary for Infrastructure. And I have no doubt in my mind that the very best – long-range batteries in the world will come out of the U.S.

And so when you look at the next generation anode and cathode materials, the next generation battery separator materials, all of that stuff is things that came out of the loan programs office and or, you know, some of the other offices within the Undersecretary for Infrastructure. And I have no doubt in my mind that the very best – long-range batteries in the world will come out of the U.S.

by the end of the decade. And that is not something I could confidently say four years ago. And that doesn't even get to some of the other sectors like modernizing our grid or virtual power plants or other things. And so today we have 212 loan applications across about 13 sectors seeking $324 billion.

by the end of the decade. And that is not something I could confidently say four years ago. And that doesn't even get to some of the other sectors like modernizing our grid or virtual power plants or other things. And so today we have 212 loan applications across about 13 sectors seeking $324 billion.

Yeah. Well, I think first we have to recognize that it's a team effort. When President Biden was on the campaign trail, his promise was that America was going to do big things again. This industrial strategy was part of his campaign, right? He went to people on Wall Street, went to entrepreneurs and said to them, I'm going to make it possible for you to do things in this country.

Yeah. Well, I think first we have to recognize that it's a team effort. When President Biden was on the campaign trail, his promise was that America was going to do big things again. This industrial strategy was part of his campaign, right? He went to people on Wall Street, went to entrepreneurs and said to them, I'm going to make it possible for you to do things in this country.

And frankly, I would say the vast majority of people didn't believe him because, you know, those promises have been made before and they were not kept. And he went to the unions and said, look, you are going to have to play a productive role here, right?

And frankly, I would say the vast majority of people didn't believe him because, you know, those promises have been made before and they were not kept. And he went to the unions and said, look, you are going to have to play a productive role here, right?

I get the fact that change is hard, but you're going to have to figure out how to embrace change and you're going to have to be fervent supporters of this. And I'll also be a fervent supporter of you. But then separately, he went to the environmental groups and said, look,

I get the fact that change is hard, but you're going to have to figure out how to embrace change and you're going to have to be fervent supporters of this. And I'll also be a fervent supporter of you. But then separately, he went to the environmental groups and said, look,

You're going to have to understand that, like, in order for us to get solar panels to be, you know, something that we want to deploy at 100 gigawatts a year scale, Americans want them made here. And so you're going to have to understand what it takes to be able to deploy things at scale. And then he went to the justice groups. And so, look, I get it, right? You were...

You're going to have to understand that, like, in order for us to get solar panels to be, you know, something that we want to deploy at 100 gigawatts a year scale, Americans want them made here. And so you're going to have to understand what it takes to be able to deploy things at scale. And then he went to the justice groups. And so, look, I get it, right? You were...

promised a whole bunch of stuff and none of it came true. And so you do not trust the government. You do not trust these large industrial deployments, but let us come up with a process to earn your trust, right? And we have done that with all of our loans.

promised a whole bunch of stuff and none of it came true. And so you do not trust the government. You do not trust these large industrial deployments, but let us come up with a process to earn your trust, right? And we have done that with all of our loans.