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Battery Makers Face Tough New Rules for Foreign Materials and Parts Supply

Battery Makers Face Tough New Rules for Foreign Materials and Parts Supply

FromThis Week in Engineering


Battery Makers Face Tough New Rules for Foreign Materials and Parts Supply

FromThis Week in Engineering

ratings:
Length:
4 minutes
Released:
Dec 12, 2023
Format:
Podcast episode

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 Engineering 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.
Released:
Dec 12, 2023
Format:
Podcast episode

Titles in the series (100)

This Week in Engineering explores the latest innovations and tech trends in engineering from academia, government, and industry. We cover topics in energy, transportation, aerospace, manufacturing, infrastructure, and much more. New episodes uploaded weekly. You can also watch these podcasts as videos on engineering.com TV: https://www.engineering.com/viewAll?category=this-week-in-engineering