Inflation Reduction Act Will Hinder EV Growth
Aug 24th 2022 4:07pm EDT
Dependence on lithium mining in America to qualify for subsidies, will further negatively impact the lithium supply chain for batteries and stagnate the mandated transition to EV’s. After his mandate to transition to EV’s, President Joe Biden then signed The Inflation Reduction Act (IRA) that requires EVs to contain a battery pack and other parts built […]
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