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Why Chinese EVs Will Take Over the World
ChinaTalk
The Importance of Local Content Requirements for Batteries for EVs
The inflation reduction act last year has put billions of dollars to work to make sure that American electric vehicle, a consumer demand and manufacturing ends up succeeding. One of the big things that was put on the books with IRA is local content requirements for batteries for EVs. I think in the short term, this is not going to create the industry that I think US policymakers want.
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