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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

Automakers have since made changes to supply chains and won restored eligibility for many vehicles. Treasury has temporarily exempted graphite and other trace critical minerals from new strict rules barring materials from China and other countries deemed a Foreign Entity of Concern (FEOC), including North Korea, Russia and Iran.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

The other $3,750 of the credit applies to battery manufacturing, requiring a certain percentage of the battery’s components to be manufactured or assembled in North America. Bundle charging. In addition, battery sourcing requirements can also affect a vehicle’s eligibility. or a trade partner. One low payment.

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Lawmakers want US to probe four Chinese firms involved in Ford battery plant – ET Auto

Baua Electric

lawmakers for its use of technology supplied by Chinese battery maker CATL. The letter first reported by Reuters said the four Chinese companies have direct ties to the Chinese military, Chinese Communist Party, North Korean government and alleged human rights abuses in China’s Xinjiang region. The plant has drawn fire from U.S.

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