The Elements of Innovation Discovered
The Elements of Innovation Discovered
Unintended consequences of rushed Inflation Reduction Act Metal Tech News - March 27, 2023
Northwestern Engineering professor Jennifer Dunn and Ph.D. student Jenna Trost contend that a more thorough Inflation Reduction Act deliberation process would have resulted in a more balanced policy when it comes to securing materials for the batteries needed for electric vehicle production in the U.S.
American electric vehicle manufacturers are under pressure from the massive federal legislation aimed at creating a robust domestic value chain for several key battery minerals and rare earths.
These materials are predominantly being imported for EV batteries – as well as the battery cells themselves in many cases – from problematic sources like China, the Democratic Republic of Congo, and Russia....
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