December 2022
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America’s Inflation Reduction Act is asking too much of car manufacturers and electric vehicle supply chains
America’s recently passed climate law, the Inflation Reduction Act (IRA), provides strong support for accelerated adoption of clean vehicles in the US. Subsidies are generous for consumers looking to go electric, but only for vehicles that meet strict geographic requirements for critical mineral sourcing, battery manufacturing and vehicle assembly. Unabashedly, the US is seeking to…