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

Baua Electric

Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

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2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2

Baua Electric

Polestar points to a maximum charge rate of 250 kw, good for a 10% to 80% charge in 30 minutes, and estimated EPA range ratings (not yet official) at 279 or 315 miles. It’s already said that a heat pump will be included, as will bidirectional charging. Polestar has said that U.S. market but for export to some markets.

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

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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

Baua Electric

tax subsidies to China and leave Ford dependent on Chinese technology. The lawmakers said a Ford-CATL agreement puts a Beijing-based company in charge of preparing “the concept design” for the Michigan battery plant. Ford says the battery plant is “wholly owned and operated” by the automaker.

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