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Recent announcements reveal “mega” trends in electric vehicle and battery manufacturing expansions

Thursday, August 25, 2022

The recently approved Inflation Reduction Act with new incentives for electric vehicle ownership and energy efficiency is likely to continue a trend among states for the location of major economic development projects, a trend toward everything mega—megasites, megadeals, mega factories, and mega projects.

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Recent news from the SSTI Digest

OMB proposes significant rule changes for grantees and contractors

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The Office of Management and Budget (OMB) has proposed sweeping revisions to the rules for procurement and grant making (2 CFR Part 200) in the Federal Register. These changes would solidify an August 2025 executive order that gives political appointees final authority over awarding federal grants.
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Recent Research: Are new ideas really getting harder to find?

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A new working paper from researchers affiliated with the U.S. Census Bureau and several universities revisits one of the biggest questions in innovation policy: why has productivity growth slowed even as research and development spending continues to rise? For the technology-based economic development (TBED) community, the answer matters because it shapes how states, regions, and federal agencies think about innovation investments.
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