The Federal Government’s Policies on EV Manufacturing
The US federal government has a number of policies in place to support the domestic manufacturing of electric vehicles (EVs) and EV components. These policies are designed to help the US develop a robust EV supply chain and become a…
The Federal Government’s Policies on Batteries
Battery Manufacturing Advanced Battery Manufacturing Tax Credit: The Inflation Reduction Act of 2022 provides a 30% tax credit for the domestic production of advanced batteries and components. This credit is available for both new and existing facilities, and it is…