How will the new US Republican government reshape the global electric vehicle supply chain?

With a new Republican administration poised to implement transformative policies, the future of the electric vehicle (EV) sector faces unprecedented changes.  

From revised emission standards to renegotiated trade agreements, the effects will reverberate across the global EV and battery supply chains.  

Our latest report, ‘How the new US Republican administration will impact global electric vehicle supply chains’, delves into how these shifts could reshape auto manufacturing, battery demand, charging infrastructure development and global commodity sourcing. 

To download your free copy of the report, fill out the form at the top of the page. Or, read on for a quick summary of just three of the possible impacts:  

1. Lowered EV adoption in the US: A reduction in federal EV subsidies and a freeze on emission standards could lower projected EV sales in the US to just 23% of new passenger cars by 2030, down from previous estimates of 32%. This may also prompt a surge in hybrid sales, with hybrid penetration forecasted to reach 18% by 2030 as automakers adapt to new regulations. 

2. Rising tariffs on battery imports: Increased tariffs on Chinese battery imports, potentially up to 60%, could strain the EV supply chain and reduce US reliance on Chinese battery components. European and domestic suppliers may seize this opportunity to fill the gap, while automakers will face pressure to realign sourcing strategies, particularly in lithium and graphite products. 

3. Challenges for legacy automakers: US automakers like Ford and GM will face mounting pressure to adapt as subsidies decline and Mexican-made EVs are hit with new tariffs. Without incentives, legacy brands may need to adjust their production strategies, potentially focusing on hybrids to remain competitive. 

Read the full report 

To read ‘How the new US Republican administration will impact global electric vehicle supply chains’ in full, fill out the form at the top of the page to download your complimentary copy.