The Relationship Between the IRA and the US Battery Supply Chain: Understanding the Context


🔋 The Relationship Between the IRA and the US Battery Supply Chain: Understanding the Context.

The Biden administration's Inflation Reduction Act (IRA), aimed at promoting clean energy technologies and bolstering the US clean energy industry, has had a significant impact on the lithium-ion battery (LiB) value chain for electric vehicles and energy storage. The IRA has attracted investment in the US downstream cell industry and is seen as a game changer for the country's battery economics. The commentary highlights the importance of cathode costs in the battery supply chain, the dominant role of China in the global battery market, and the vulnerability of the US supply chain, prompting the need for the IRA to enhance supply chain resilience and reduce reliance on China.

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