President Joe Biden is thinking about invoking the1950 Defense Production Act(DPA) to boostUSproduction of criticalEV batteryminerals.
The act grants the president emergency powers to alter domestic manufacturing policy in times of crisis.
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What could the DPA do?
The draft of the executive order currently remains in a pre-decisional phase, awaiting for Congress approval.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
