Tracking the Inflation Reduction Act''s impact on US manufacturing
The law, passed in August 2022, has helped spur a new era in U.S. manufacturing, with factories popping up in dozens of states to produce items such as electric
The law, passed in August 2022, has helped spur a new era in U.S. manufacturing, with factories popping up in dozens of states to produce items such as electric
From the law''s enactment in Q3 2022 through Q1 2025, actual investments in US-based manufacturing of these clean energy and
By the end of 2023, the number of factories planned in response to the law rose to 104 total, drawing over $123 billion in investments. Solar and batteries dominated with 34
The automaker and a supplier will spend $11.4 billion on three battery factories and a truck plant, creating 11,000 jobs.
The law, passed in August 2022, has helped spur a new era in U.S. manufacturing, with factories popping up in dozens of states to
The White House has rolled out billions of dollars in funding to spur domestic investments in production for everything from electric
The IRA has also accelerated the deployment of renewable energy, with $108 billion in invested in utility-scale solar and battery
The U.S. added six IRA-linked clean energy projects in August. The majority of the projects were in the solar sector, including
Case studies of foreign-owned "billion-dollar factories" show that past FDI projects have affected regional economies in three distinct ways. Foreign investments have made an impact by
Thanks to demand and new legislation passed by Congress, auto manufacturers recently invested over 70 billion dollars in domestic capability with more planned.
Over the last 9 years, manufacturers have announced $188 billion in concrete investment in U.S. EV and EV battery manufacturing facilities.
America could be a Global Leader in Grid Battery Manufacturing The industry is in the process of building 25 new or expanded manufacturing facilities to support the grid-scale energy storage
Together, all these investments should see the North American battery factories (Li-ion) reach a maximum combined annual capacity of almost 1,600 GWh by 2030. Based on Tesla''s
Explore how economies of scale drive Tesla''s gigafactories, reducing costs, boosting production, and shaping the future of the electric
A note about government funding: Many of the dollar figures for production subsidies say "up to" – maximum totals that would only be
Total announced investment in U.S. solar manufacturing since IRA enactment reached nearly $46 billion by mid-2025. About $9.1 billion worth of factories are already
Over the past three years, companies have invested tens of billions of dollars toward making electric vehicles in the United States, buoyed by tax incentives aimed at
As of December 20, 2025, we are tracking over 600 projects, $279 billion in investments, and nearly 380,000 estimated jobs in the solar, wind, battery, and electric vehicle supply chains in
Automakers and battery manufacturers have collectively invested and promised to invest around $112 billion in building domestic
Automakers and battery manufacturers have collectively invested and promised to invest around $112 billion in building domestic cell and module manufacturing.
Those cancellations include a $1 billion factory in Georgia that would have made thermal barriers for batteries and a $1.2 billion lithium-ion battery factory in Arizona.
Since then, tens of billions of dollars have poured into solar factories that are operating or under development, according to the Solar
Over the past three years, companies have invested tens of billions of dollars toward making electric vehicles in the United States,
By the end of 2023, the number of factories planned in response to the law rose to 104 total, drawing over $123 billion in
In 2020, investments in cell and module manufacturing were broadly similar in Europe and the US at around $500 million to $1 billion per quarter (Figure 2). In Europe,
Battery Gigafactories Gigafactories represent multi-billion-dollar investments and are increasingly clustered near automaker hubs to secure supply, reduce logistics costs, and meet domestic
Taiwan Semiconductor Manufacturing Co. became the latest tech company to pledge billions of dollars in US investments that
From the law''s enactment in Q3 2022 through Q1 2025, actual investments in US-based manufacturing of these clean energy and transportation technologies totaled $115
PDF version includes complete article with source references. Suitable for printing and offline reading.
As the transition from combustion-engine to electric vehicles has progressed, along with the growing importance of stationary grid-connected batteries, investment in battery manufacturing has grown. While much of this investment has so far been in China, investment is significant and growing in Europe and the US.
As of Q1 2025, the Clean Investment Monitor tracked 123 operating battery manufacturing projects in the US with the capacity to manufacture about 202 gigawatt hours (GWh) of cells and 208 GWh of modules annually. With existing plants ramping up, we expect an additional 202 GWh of cells and 114 GWh of modules to come online soon.
Automakers and battery manufacturers have collectively invested and promised to invest around $112 billion in building domestic cell and module manufacturing. Together, these companies promise to deliver an annual capacity of close to 1,200 gigawatt-hours before 2030, if each factory reaches maximum capacity.
We are tracking over 550 projects, $310 billion in investments, and 400,000 estimated jobs in the solar, wind, battery, and electric vehicle supply chains (mine to factory) since 2010.