No US-manufactured EVs that include Chinese-made battery components will be eligible for the full subsidies offered by President Joe Biden’s $369bn landmark climate law.

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No US-manufactured EVs that include Chinese-made battery components will be eligible for the full subsidies offered by President Joe Biden’s $369bn landmark climate law.

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Financial Times

Source URL

https://www.ft.com/content/7d80627e-c6a6-4216-b4c8-275f089fc447

Topics

Supply chain dependencies between the US and China

Referenced by

U.S. reliance on Chinese components in critical sectors shows the need for supply chain diversification

US Politics

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