In 2021, the #UnitedStates accounted for 10% of global EV assembly & 7% of battery production, acc/to the International #Energy Agency. That same year, #China sold more #EVs than the rest of the world combined — & produced ¾ of all lithium-ion batteries.
The #Biden admin & congressional leaders understood there was a balancing act — boosting #EV production w/o aiding China.
So the #law included provisions to make sure more of the #SupplyChain is produced in the #US…
#FactCheck #VanceLies