Guest commentary: Automakers can't afford to keep building EVs that run on lithium ion batteries

Legacy automakers nationwide are making big public commitments to move away from conventional vehicles with internal combustion engines to electric vehicles. The federal government is further encouraging this change by way of provisions in the Infrastructure Investment and Jobs Act and Inflation Reduction Act. Some states are going even further; in August, California announced it will ban the sale of gasoline vehicles by 2035, and New York did the same a month later.