Global, North America, North Korea and Sourcing

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

MAY 18, 2023

The trend also stands to shake up the global electric vehicle (EV) and battery supply chain, and companies that act decisively now will be more likely to come out on top. Those sourcing requirements are scheduled to increase by 10% every year beginning in 2023. The maximum MSRP for those products is $80,000. That’s right.

Price Reduction

Price Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Software

EV segment will likely depend on China for many years

Resilinc

DECEMBER 13, 2022

The IRA also labels China, Russia, Iran, and North Korea as “foreign entities of concern” and aims to prohibit automakers that use any critical minerals extracted, processed or recycled in those countries from receiving tax credits. according to a WSJ infographic drawn from S&P Global, Bloomberg NEF, and PwC. for the U.S.,

China

China Resource Reduction South Africa Australia

Supply Chain Brief

How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

EV segment will likely depend on China for many years

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