Chips, Batteries, & Charging Stations: Biden Administration in High Gear to Secure the Automotive Supply Chain

With the development and adoption of electric vehicles, the US automotive industry has seen its greatest upheaval since the invention of the Model T. It also faces significant challenges ranging from semiconductor shortages to other supply chain and infrastructure constraints, particularly related to EV batteries and chargers. In response, the Biden Administration has poured billions of dollars into the industry to secure the supply chain for these critical automotive components through the CHIPS Act, IRA and Bipartisan Infrastructure Law, while also wielding various trade measures to wean US reliance from China’s supply chain. Will these efforts be enough? What companies need to know – from engineering drawing boards to marketing whiteboards.