Biden Administration Implements Rules to Limit China's Role in U.S. Electric Vehicle Supply Chain

Electric VehiclesHigh Tech / High TouchTrade & Border IssuesHot Spots
Written By Jennifer Joslyn

The Biden administration has introduced rules aimed at reducing China's influence in the U.S. electric vehicle (EV) supply chain. Under the new rules, U.S.-manufactured EVs that use Chinese-made battery components will not qualify for full subsidies provided by President Biden's climate law. Critics argue that these rules may slow down the transition from traditional gasoline-powered cars to EVs, while proponents see them as a way to strengthen the domestic EV industry and reduce reliance on Chinese-made components.

Read more at Financial Times >

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Jennifer Joslyn
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