Why GM sees U.S. supply chain as key to EV leadership

By Joann Muller – Axios

General Motors is betting heavily on electric vehicles and taking extraordinary steps to control supplies of battery raw materials ahead of widespread EV adoption.

Why it matters: By seeking a hand in every layer of its supply chain, GM aims to minimize the substantial risks — financial, technical and geopolitical — associated with the switch away from gasoline.

Between the lines: It’s almost as if GM is ripping a page out of rival Henry Ford’s early 1900s playbook.