A former boss of mine, an old-school metallurgist and a viciously patriotic Republican hard-ass from the midwest, mentioned this to me http://www.resourceinves

A former boss of mine, an old-school metallurgist and a viciously patriotic Republican hard-ass from the midwest, mentioned this to me http://www.resourceinvestor.com/pebble.asp?relid=16620 http://www.resourceinvestor.com/pebble.asp?relid=16620 Not that website in particular, but the general fact that China has nearly a monopoly on the raw materials needed to manufacture electric cars. That website doesn't make quite that statement, just that China currently has all the production capacity, but he's told me that almost all the rare earth metal deposits are in China. He's not too keen on mass deployment of electric cars in the US. Given how the US automakers have pissed away any shot they had at innovating in this market, it seems unlikely to me that a US company would ever manage to dominate that industry. The tree-hugger in me says "Screw em: buy a foreign electric" but the flag-waver in me says "Hey what about biodiesel?"