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Bernstein Expects EV Battery Demand to Rise; Will IRA Budget be Enough?

September 19, 2022 8:07 AM EDT

When U.S. President Joe Biden signed the Inflation Reduction Act (IRA) into law in August, he called it an historic step to fight inflation, lower costs, and create jobs that corporations cant ship overseas. The law was designed to do several things, not least of which was to combat climate change through clean energy and electric vehicle (EV) tax incentives.

Under the new law,... More