Richard Harris did an interesting segment on NPR this morning about electric cars. He talked about the research being done on batteries for electric cars. Most research being done today on these batteries is being done on Lithium Ion. They require lots of the elements cobalt and lithium. Can you guess where in the world the large deposite of cobalt and lithium are found? Congo, China and Bolivia. Some of the most politically unstable areas of the planet. China has already discontinued the export of lithium.

Are we going to trade our dependance on foreign oil for dependance on foreign chemicals? Foreign oil comes from countries that are politically stable. China needs an existing automotive manufacturing company to help create a China that is an importing economy rather than an exporting one. If we let either of the big three slide into chapter 7, you can bet China will buy all the parts it needs to start manufacturing cheap electric cars. With their labor costs so much less then ours, what’s left of our automotive manufacturing sector will be DOA.