Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto
Baua Electric
MAY 3, 2024
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.
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