×

We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Insight

The Inflation Reduction Act: can the US shift China from its battery supply chain?

Get this report

$1,050

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

20 December 2022

The Inflation Reduction Act: can the US shift China from its battery supply chain?

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 5 images and tables including:

  • 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:

  • Document

    The Inflation Reduction Act: can the US shift China from its battery supply chain?

    PDF 898.21 KB