Us Ev Plans: US govt's EV plan could hit roadblock as auto industry faces USD 10 tn shortfall in lithium batteries for rollout in 2024, ET Auto

Us Ev Plans: US President Joe Biden government's ambitious programme under climate change bill to phase out fossil fuel cars with electric vehicles (EVs) under the Inflation Reduction Act (IRA) could hit a road bump unless a USD 10 trillion shortfall in metals such as Lithium, critical to run the batteries for the EVs is resolved by the automobile industry.

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