IRA credits begin to impact earnings of downstream battery manufacturers

Recent financial results published by downstream companies in the lithium-ion battery sector have begun to show the impacts of the US Inflation Reduction Act (IRA) tax credits on revenue.

The IRA, which was signed into law in August 2022, provides tax incentives to source critical battery raw materials domestically within the United States or from free trade partners. It...


Callum Perry

November 15, 2023

21:48 GMT