Automakers handed a win with updated EV tax credit guidance in the U.S.
Teslarati
DECEMBER 3, 2023
battery supply chain off of China and other sources, it also includes a temporary exemption to the rules that would block incentives for vehicles utilizing critical battery materials from China and other countries that are considered “Foreign Entities of Concern” (FEOC). These countries include North Korea, China, Russia and Iran.
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