Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Shoshana Gordon/Axios

The White House is pledging a multi-agency push to spur more U.S. battery manufacturing and sustainable mining — both domestically and abroad — of raw materials used in battery tech.

Why it matters: The administration wants to speed U.S. market growth of electric cars and grid storage, but a global scramble for batteries and materials poses hurdles for companies and governments alike.

  • Production of raw materials like rare earth minerals is heavily concentrated in a few countries, including China. More broadly, automakers are highly reliant on foreign lithium-ion battery imports.
  • The Energy Department, which released a "blueprint" Tuesday morning on domestic battery development, said that the U.S. currently has "less than a 10% global market share for manufacturing capacity across all major battery components and cell fabrication."

How it works: Pillars of the plan, per a White House summary document, include...

  • Plans to use $17 billion through the Energy Department's Advanced Technology Vehicles Manufacturing (ATVM) loan program — which first launched over a decade ago — to support domestic battery manufacturing of battery packs and cells.
    • The document also says the ATVM efforts will "catalyze" projects for refining, processing, and recycling rare earth minerals and other critical materials used in electric cars.
  • An interagency group led by the Interior Department to work with tribal nations, the private sector and others on "sustainable" and "responsible" domestic mining of raw materials.
  • Defense Department financial incentives for producing materials, including "scaling proven research and development (R&D) concepts and emerging technologies."

The intrigue: The administration says the effort is also focused on broadening international sourcing of materials used in batteries and other clean-energy technologies.

  • Demand for materials like lithium, cobalt, nickel and rare earth elements is projected to grow significantly in coming years and decades.
  • The summary document says the U.S. must "diversify supply chains away from adversarial nations and sources with unacceptable environmental and labor standards."

By the numbers: As the New York Times flags, a 2020 report from the research firm BloombergNEF found that 77% of the world's battery cell production capacity is in China.

  • Per International Energy Agency data, China was home to 60% of rare earth element production as of 2019.
  • The Democratic Republic of Congo provides 69% of the world's cobalt, while the vast majority of the world's lithium comes from Australia, Chile and China.

Reality check: The White House plan is hardly a guarantee of a looming domestic surge in extraction of raw materials needed for clean-energy tech, given concerns about environmental damage and other factors.

  • The administration says an interagency team from Interior, EPA and elsewhere will "identify gaps in statutes and regulations that may need to be updated by Congress" to ensure environmental safeguards.

The big picture: The White House plan is part of a broader initiative on industrial supply chains that have faced disruptions and risks, like semiconductors and pharmaceutical ingredients.

Go deeper: The supply crunch that could slow the climate fight

Go deeper

Exclusive: New outlet backed by Bill Gates will tackle climate change

Amy Harder interviews Energy Secretary Jennifer Granholm for the launch edition of Cipher. Photo: courtesy of Cipher

An energy coalition launched by Bill Gates is backing a new publication called "Cipher" dedicated to the coverage of the climate crisis, its new editor tells Axios.

Why it matters: The outlet promises to have complete editorial independence from its backer, Breakthrough Energy, a six-year-old climate advocacy network founded by Bill Gates.

Scoop: Stephanie Ruhle to replace Brian Williams on MSNBC

Photo: Nathan Congleton/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images

MSNBC will soon announce plans to move morning anchor Stephanie Ruhle to the 11 pm ET hour that Brian Williams turned into an elite destination, two sources familiar with the move tell Axios.

Details: The 9 am ET hour, currently hosted by Ruhle, will become part of MSNBC's flagship morning show, "Morning Joe," which currently runs from 6 am to 9 am ET.

Oath Keepers leader denied bail on Capitol riot sedition charge

Oath Keepers co-founder Elmer Stewart Rhodes. Photo: Susan Walsh/AP

A federal judge ordered Oath Keepers leader Stewart Rhodes to remain jailed Wednesday until trial on charges stemming from the Capitol riot.

Why it matters: The judge said the most prominent far-right figure charged in the Jan. 6, 2021, insurrection had access to weapons and his alleged "continued advocacy for violence against the federal government" gave credence to prosecutors' view that, if released, Rhodes could endanger others.