article thumbnail

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

Baua Electric

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. ” The new rules, required under an August 2022 law, are designed to wean the U.S.

article thumbnail

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

Baua Electric

The post 2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2 appeared first on Bauaelectric Auto News. Polestar has said that U.S. production of the 3 would be not just for the U.S. market but for export to some markets. is also considering hiking tariffs on Chinese EVs.

Miles 52
article thumbnail

Tesla’s biggest investor: it’s a family business masquerading as a public company

Baua Electric

Dear leader” is a reference to Kim Jong-il, the former supreme leader of North Korea. FTC: We use income earning auto affiliate links. The post Tesla’s biggest investor: it’s a family business masquerading as a public company appeared first on Bauaelectric Auto News. What do you think?

article thumbnail

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. An EV Life loan enables you to get an instant quote for home charger installation and bundle it into auto financing, reducing your upfront costs.

article thumbnail

Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

1, any vehicles with key battery components sourced from a “foreign entity of concern”—China, Russia, Iran, or North Korea— will be disqualified in 2024 , as will corporate subsidies if a “parent entity” from one of those countries directly holds more of 50% of the automaker’s interest. appeared first on Bauaelectric Auto News.

article thumbnail

Micro-components in EVs: small dimensions and tight tolerances (Whitepaper) – Charged EVs

Baua Electric

DOWNLOAD The post Micro-components in EVs: small dimensions and tight tolerances (Whitepaper) – Charged EVs appeared first on Bauaelectric Auto News. I acknowledge that I agree to the Terms of Use and the Privacy Policy. reCAPTCHA If you are human, leave this field blank.

article thumbnail

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

Baua Electric

The lawmakers separately wrote the Treasury and State Departments asking them to investigate possible sanctions evasion activity by one of the Chinese companies that they said will be providing IT tools for the Michigan battery plant that has ties to North Korea.

Chinese 52