# Is the Inflation Reduction Act a win for EVs and batteries?

- Show: [Catalyst](https://hardwarepodcasts.com/podcast/catalyst)
- Published: 2022-09-29
- Length: 44m
- Page: https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries

## Summary

Sam Jaffe, VP of battery solutions at E-Source, explains how the Inflation Reduction Act's EV and battery tax credits will reshape the North American supply chain. He details the $7,500 consumer credit, split into components and strategic minerals credits, and the 45X advanced manufacturing production credit, which offers $35-$45 per kilowatt-hour for battery production. Jaffe argues that while short-term EV adoption may suffer due to complex eligibility rules, the long-term impact will be a massive onshoring of battery manufacturing, with 600 gigawatt hours of capacity expected to come online in North America over the next decade.

## Chapters

- [3:01](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=181) Introduction: The IRA's EV and Battery Provisions
- [4:49](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=289) The $7,500 EV Tax Credit: Components and Minerals
- [18:24](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=1104) The 45X Advanced Manufacturing Production Credit
- [26:39](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=1599) Impact on Stationary Energy Storage and Grid Integration
- [30:39](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=1839) Bifurcation of Battery Markets and Manufacturing Bottlenecks
- [34:38](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=2078) Supply Chain Announcements and Treasury Guidance
- [37:00](https://hardwarepodcasts.com/podcast/catalyst/2022-09-29-is-the-inflation-reduction-act-a-win-for-evs-and-batteries#t=2220) Short-Term vs. Long-Term Impact on EV Adoption

## Topics

- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Scaling production](https://hardwarepodcasts.com/topic/scaling-production)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)
- [Sourcing & supply chain](https://hardwarepodcasts.com/topic/sourcing-and-supply-chain)

## Most relevant to

early-stage companies

## Mentioned

- E-Source (company)
- Inflation Reduction Act (other)
- Hyundai (company)
- Kia EV 6 (product)
- Tesla (company)
- Rivian (company)
- Lucid (company)
- Honda (company)
- LG (company)
- Gotion (company)

## Related episodes from other shows

- [A Renewable Energy Future for Manufacturing w/ Gareth Evans](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-19-a-renewable-energy-future-for-manufacturing-w-gareth-evans) (The Manufacturing Executive)
- [Electric Car Superiority | The Supply Chain is All Mine | Cookies for Calculus](https://hardwarepodcasts.com/podcast/ee-times-current/2020-07-10-electric-car-superiority-the-supply-chain-is-all-mine-cookies-for-calculus) (EE Times Current)
- [Current and Future Impact of the Inflation Reduction Act w/ Nihal Shetty](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2024-08-06-current-and-future-impact-of-the-inflation-reduction-act-w-nihal-shetty) (The Manufacturing Executive)
- [Charging Ahead: All Circuits Continue Automotive EMS Excellence Through Innovation and Automation](https://hardwarepodcasts.com/podcast/ems-c-level/2024-03-21-charging-ahead-all-circuits-continue-automotive-ems-excellence-through-innovatio) (EMS@C-LEVEL)
- [Charging up the electric vehicle market with RJ Scaringe of Rivian](https://hardwarepodcasts.com/podcast/how-i-built-this/2023-12-28-charging-up-the-electric-vehicle-market-with-rj-scaringe-of-rivian) (How I Built This)

## Citing this page

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