UHND.com - Notre Dame Football, Basketball, & Recruiting

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Nigro explained that the lead time for EV manufacturers to extract minerals and build batteries in various countries can take several years.

But this is a case of the government trying to accomplish three things at once, Gleckman said.

“It’s trying to encourage people to buy EVs, it is limiting the benefits to t eople making less than a certain amount of money — it’s trying to be progressive in the design of the tax code,” he said. “And it’s also trying to impose a ‘Made in America’ standard on the cars.”

That last piece — ensuring that the sourcing of materials for these vehicles is sound, sustainable and beneficial to the nation’s economy and security — is critically important, according to Nigro.

“The facets of the bill that are aimed at building out that security, building that domestic capacity, are going to be beneficial to the industry in the long term,” he said. “Really it’s a question of timing, and whethet or not all the stars are going to align for the industry to be able to deliver product in the time frame written into this legislation.”
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It would to nice to treat CC as a "Laissez Faire" issue to be dealt with whenever the "Market" gets its act together...but that's totally inappropriate, so a "Stimulus" is what's called for...unless you're in the CC denial camp.


Link: https://www.pbs.org/newshour/nation/everything-you-need-to-know-about-the-new-electric-vehicle-tax-credit