A little-publicized clause in the U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries across the country.
This has put North America at the forefront of a global race to undermine China’s dominance of the EV field.
The IRA includes an obscure clause that automatically qualifies EV battery materials recycled in the U.S. as American-made for subsidies, regardless of their origin.
This qualifies automakers using U.S.-recycled battery materials for EV production incentives.
