South Korean EV battery makers flock to U.S. after Inflation Reduction Act

Teslarati
By William JohnsonAug 23, 2022, 7:59 pm92 pts
Battery suppliers from South Korea are moving production to the U.S. to compete with Chinese rivals. According to a report from Korea IT News, as part of the Inflation Reduction Act’s passage requiring U.S.-made batteries and battery materials in electric vehicles, South Korean companies are seizing the…

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