Navigating the EV Landscape: U.S. vs. China

This chapter explores the impact of the Inflation Reduction Act on the U.S. electric vehicle industry, particularly in relation to China's advanced battery sector. It discusses local content requirements and the challenges American automakers face in developing a competitive EV market while maintaining national security. The chapter emphasizes the need for strategic innovation and collaboration to avoid over-reliance on Chinese technology while fostering domestic growth.