Presidential Determination on DPA Title III funds for Electric Vehicles
At the end of March, President Biden issued a Presidential Determination to invoke Title III of the 1950 Defense Production Act (DPA Title III) for the enhancement of the battery critical materials industrial base. Certain requirements of DPA Title III were waived within the determination in order to use the authority of DPA Title III for the extraction, processing, recycling, and reuse of critical materials used for the production of large-capacity batteries, which are critical to the transportation and energy storage industries.