Battery Makers Face Tough New Rules for Foreign Materials and Parts Supply
Listen now
Description
A new set of Biden administration restrictions on foreign sourced EV raw materials and components may constrain production growth just as the need for zero emission vehicles to meet EPA requirements increases. With China controlling several key minerals, the race is on to develop alternate sources, but current tax credit regimes have MSRP restrictions, putting engineers in a classic bind: increased input costs, without the ability to pass those costs on to the consumer. The regulatory regime will be a pivotal factor in the rate of EV adoption in America, and the 2024 election will greatly determine where those EV batteries will be made. * * * Want to watch this podcast as a video? This Week in EngineeringĀ is available on engineering.com TV along with all of our other shows such as End of the Line, Designing the Future, Manufacturing the Future, and the Engineering Roundtable.
More Episodes
Venerable diesel engine builder Cummins has introduced a fuel agnostic heavy truck engine that uses an interesting modular design to create a single internal combustion powerplant capable of operating on diesel fuel, biodiesel, and gaseous fuels such as hydrogen, biogas or natural gas....
Published 04/12/24
Published 04/12/24