Manchin deal could raise new hurdles for electric vehicle incentives
Payne Institute Director Morgan Bazilian contributed to this article about how Democrats’ push to boost electric vehicles could be hobbled by some of the protectionist supply chain provisions they included as requirements to get electric vehicle tax credits. Part of the credit is also tied to a percentage of battery components being manufactured in North America. Experts and industry players have indicated that these provisions — particularly the critical minerals piece — represents a high bar, and may hamper electric vehicle adoption in the short term. August 4, 2022.