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.
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