Insight
The Inflation Reduction Act: can the US shift China from its battery supply chain?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The signing of the IRA heralds the beginning of a decade-long investment into domestic supply chain players, hoping to build out the capacity required to meet the IRA’s targets. This insight looks into where the US sits in battery self-sufficiency, whether it can hope to meet the IRA’s targets for EV incentives this decade, and the impact of the IRA on the US’s relationship with both friends and rivals in the industry.
Table of contents
- The US looks to wean itself off China
- How to build an IRA-eligible EV
- Are the Clean Vehicle targets achievable?
- The carrot for producers – the Advanced Manufacturing Production Credit
- Cutting out China will be unrealistic for most models
Tables and charts
This report includes the following images and tables:
- Minimum proportions, by value, for IRA eligibility
- Raw material value content of NMC811 cells
- Raw material value content of LFP cells
- Wood Mackenzie’s base case forecast for regional supply compared with demand from US EVs in 2030
- Wood Mackenzie’s base case forecast for regional supply compared with demand from US EVs in 2030
What's included
This report contains:
Other reports you may be interested in
Insight
Discharging China from US battery anodes
New tariffs and FEoC restrictions create incentives for US anode investment, but only for a narrow window. Will the US meet its demand?
$1,050
Insight
Charging the bottom line - the impact of the AMPC on battery raw materials
The US' Advanced Manufacturing Production Credit aims to boost battery raw material production, but fails to shift the needle for most.
$1,050
Insight
A second Trump administration Part 2: A deep dive into energy and commodities
A deep dive into energy and commodities
$3,000
