America Invested in EV Battery Plants. Now They May Be . . . Now, however, that battery boom is teetering In the first three months of 2025, companies canceled $6 billion in battery manufacturing — a record EV sales have slowed According to the new report, the United States has almost enough battery capacity announced or under development to meet demand all the way to 2030 if EV sales continue to
Tax breaks for EV battery plants could disappear in . . . - Axios Why it matters: New battery plants are less viable without lucrative tax credits that a Democrat-controlled Congress approved in 2022, but which the new Republican majority aims to undo Losing those battery subsidies would compound manufacturers' other woes, from tariffs on key components to uncertain consumer demand
The Future of US Battery Manufacturing is At Stake Now, Congress and the Trump administration are attempting to use the Budget Reconciliation Bill to roll back EV manufacturing and consumers incentives, undo federal passenger vehicle fuel economy and emission standards, and add an excessive $250 annual fee on to EVs that is two-to-three times greater the taxes paid by the average gasoline driver