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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. New rules took effect on Jan. New rules took effect on Jan. ” Bozzella said. “That makes no sense.”

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Automakers handed a win with updated EV tax credit guidance in the U.S.

Teslarati

The White House issued new guidance on federal electric vehicle (EV) tax credits this week, including a key exemption that’s considered a win for many automakers, as it offers extra time for companies attempting to set up battery production operations in the U.S. These countries include North Korea, China, Russia and Iran.

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

Baua Electric

is also considering hiking tariffs on Chinese EVs. 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.

Miles 52