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17 Jun
00:15

US EV market faces major contradiction

The electric vehicle market in the US is facing a major contradiction. On the one hand, generous government schemes such as the IRA are handing out billions to support manufacturers and incentivise buyers; on the other, tariffs on Chinese imports risk delaying the transition and inflating prices. The lithium-ion battery (LIB) supply chain is a prime example of where these problems converge. Being the most popular choice for EVs, LIBs are an unmissable piece of the…
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