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IDRV - How The EV Supply Chain Is Responding To The Inflation Reduction Act
iShares Self-Driving EV and Tech
Summary
The recently passed IRA and IIJA will direct billions of dollars toward EVs and EV infrastructure over the next decade.
The IRA and IIJA are already combining to materially impact the capacity of domestic EV supply chains with new commitments across vehicle manufacturers, mining, and battery production.
As policy provides a strong tailwind heading into 2023 and beyond, EVs could be a likely key beneficiary.