Can the US turn around its car industry without China? | Transforming Business

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Can the US turn around its car industry without China? | Transforming Business

Chinese companies are pushing deeper into the global EV market. Now the US wants to supercharge production — on its own terms. Its $370 billion Inflation Reduction Act aims to boost the share of electric cars on US roadways by relying on production and supply chains across North America — and excluding China. But can it work? And can automakers and workers handle the transition?

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Date: June 29, 2023