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- W4316661455 abstract "A tsunami of public funding is motivating companies to draw blueprints for scaling up every part of the US battery industry, especially for electric vehicles. RMI, a nonprofit promoting clean energy technology, estimates that the Jobs and Infrastructure Act, the CHIPS Act, and the Inflation Reduction Act (IRA) will funnel a total of $142 billion into the US battery industry through tax credits for making battery components and through direct grants for factories. The biggest impact will come from production tax credits in the IRA, says Nathan Iyer, an associate with RMI. Starting this year, battery cell manufacturers in the US will get tax credits that could cover 30% of their costs. Companies making components for battery cells, such as cathode and anode materials, additives, and electrolytes, will get tax credits for about 10% of their production costs. A tax credit for electric cars made with components and minerals from" @default.
- W4316661455 created "2023-01-17" @default.
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- W4316661455 date "2023-01-16" @default.
- W4316661455 modified "2023-10-16" @default.
- W4316661455 title "Public money will make 2023 the year of the battery factory" @default.
- W4316661455 doi "https://doi.org/10.1021/cen-10102-cover10" @default.
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