The landscape of the American automotive industry has been evolving rapidly in recent months, and that's largely driven by the multifaceted impacts of the US Inflation Reduction Act (IRA). This legislation, signed into law in August 2022, has had a profound effect on various sectors, particularly electric vehicles and the lithium industry. According to a new analysis, impacts from the IRA will boost the outlook for electric vehicle sales in the country by 2030 to more than double the pre-IRA forecast.
