US Inflation Reduction Act Impact on Korean Battery Industry: Interview with ISD Corporate Policy Research Institute Director Choi Yang-oh
Interview with ISD Corporate Policy Research Institute Director, Choi Yang-oh By Park Sang-cheol As the US government implements detailed regulations on ‘Foreign Concerned Companies (FEOC)’ under the Inflation Reduction Act (IRA), Korean separator and electrolyte companies stand to benefit. The decision by the US government to discontinue a subsidy of $7,500 per vehicle for electric […]
US Government Announces Detailed Regulations for Foreign Companies of Concern: Implications for Battery Industry
US Government Announcement Raises Concerns for International Battery Industry The recent announcement of detailed regulations for ‘Foreign Concerned Enterprises’ (FEOCs) by the US government has sent shockwaves through the global battery industry. This comes as the US lays out specific criteria for companies that will be exempt from electric vehicle subsidy benefits. In particular, joint […]
