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Can strong incentives enable domestic EV supply chains?

Can strong incentives enable domestic EV supply chains?

by admin
December 10, 2023
in Auto News
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The US auto trade is in a state of transition, aided by coverage measures that incentivise the manufacture of electrical autos (EVs). The 2022 Bipartisan Infrastructure Regulation allotted US$7bn to help home producers in securing the supplies and elements crucial for battery manufacture. An extra US$15.5bn in grants was introduced as a part of the Inflation Discount Act (IRA) in August 2023 to stimulate home EV manufacturing.



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