The Inflation Reduction Act Created a Gold Rush for Battery Mining. But Is It Enough?

When the Inflation Reduction Act of 2022 (IRA) was signed into law, it made big waves in the United States electric vehicle (EV) industry. While the consumer tax credits for EVs are an obvious boon to domestic manufacturing, the IRA’s incentives for U.S. battery production are equally significant. But can the U.S. leverage the opportunity quickly enough? Zachary Shahan, the CEO and chief editor of the online clean technology news and analysis site CleanTechnica, shares what America’s battery mineral mining industry stands to gain and its impact on the U.S. EV industry. Getty Images