13 Feb 2023 | Abstracted from Clean Technica
"The Biden Administration;s EV tax credits are doing better than some analysts expected."...the Inflation Reduction Act, which included upgraded incentive guidelines prioritizing US automakers, and several new investment opportunities for EV battery manufacturers in the country
"At the yearly rate of 500 GWh, the new credits would represent roughly $17.5 billion annually...EV batteries are expected to skyrocket in the US as the country attempts to reduce its supply chain reliance on China."
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