North America, North Korea and Sourcing

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North America

North Korea

Sourcing

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

QAD

MAY 18, 2023

Those sourcing requirements are scheduled to increase by 10% every year beginning in 2023. The Inflation Reduction Act aims to ensure critical minerals are sourced ethically and sustainably, as well as in a manner that helps stimulate US manufacturing growth. 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. FT.com also reports that Stellantis, Volkswagen, and other automakers have joined Ford in “asking [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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