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Reality Check for U.S. and EU Policymakers Planning to Decouple From China’s EV Battery Supply Chain

Source: BloombergNEF

One of the main priorities of last year’s landmark environmental legislation in the U.S. (known as the Inflation Reduction Act) is to reduce, even eliminate China’s role in the electric vehicle supply chain, particularly when it comes to batteries.

But that legislation and the drive to decouple the U.S. EV supply chain from Chinese suppliers run up against Chinese firms’ continued dominance in the mining and processing of the critical resources needed to power EVs.

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